CEO of Walmart
Full Name : Carl Douglas McMillon
Born : 12th – Oct – 1966
Height : 176 CMS ( 5 Feet 9 Inches )
Birth Place : Memphis Tennessee
Country : USA
Education : University of Arkansas Fayetteville, University of Tulsa Oklahoma
Occupation : CEO
Industry : Business, Food & Beverage, Fashion & Retail
Networth : $26 Million
Some people reach great heights in their career in a short period of time. When a person sets out thinking that there is nothing such as impossible, they tend to achieve great heights. One such success thinking personality is C. Douglas McMillon, CEO of Walmart. He is called Doug by many of his employees and people who know him.
Doug was born in 1966 in Memphis Tennessee to Morris and Laura McMillon. Today he is the President and Chief Executive Officer of Walmart Stores Inc. He achieved this status and success in his career in a span of 5 decades. The journey was not simple and required a lot of hard work and focus into what he was doing.
Doug began his career with Walmart as an associate in one of the distribution centers. He was still pursuing his studies for an MBA degree from University of Tulsa in 1991. He started working so that he could pay his college tuitions.
However, he had an inbuilt business acumen that came in use for the merchandising department of Walmart. Soon, Doug was handling several responsibilities in Sam’s Club and other departments of Walmart. He had gained tremendous experience in apparel, food and other merchandise of the super store. With his expertise of 22 years and the experience he gathered in the industry, it was more than sufficient for him to progress and lead the giant super mart as the CEO.
Doug never set out on the career path thinking that he would one day lead a huge chain of supermarket which has centers across the world. He started small, but he invested his education and expertise in building the name of the company further. Doug is also known to have solely promoted the sales of the company to over $46 Billion.
” In the world there is a debate over inequity, and sometimes we get caught up in that.” – Carl Douglas McMillon
Today, when someone asks him about the secret of his success, Doug says that he is a merchant deep down his heart and that makes him understand the customers and their needs. Even now, he involves himself in micromanaging the merchandising needs of the company whenever he finds time.
As a person Doug is not very vocal about his personal life and only wants to bring to light his achievements. He is married to Shelley and has two sons, Blake and Spencer. Doug has not let his success rule his life. Instead he has shared a lot of his knowledge by delivering speeches at many business meetings to promote young entrepreneurship.
Here is a Brief Summary of his Saga with Walmart
1984: Summer associate at Walmart Distribution Center
2009: President and CEO of Sam’s Club
2013: President and CEO of Walmart
Michael Terry “Mike” Duke (born December 7, 1949) is an American businessman. He served as the fourth chief executive officer of Walmart from 2009 to 2013.
Duke joined Wal-Mart in 1995, serving as the executive in charge of the company’s international operations. He became the CEO of Wal-Mart in February 2009.
Duke also serves on the board of directors for the Retail Industry Leaders Association and Arvest Bank’s community advisory board. He formerly held positions with a number of retailers, including Federated Department Stores, May Department Stores, and Venture Stores. Duke earned a BS in Industrial Engineering from the Georgia Institute of Technology in 1971, where he joined the Delta Sigma Phi Fraternity, and now serves as a member of the institution’s advisory board. He sits on the Board of Directors of the Consumer Goods Forum.
In 2010 he set goals to make Wal-Mart enery efficient as possible and to open Wal-Mart’s in countries like Russia.
In 2012, his salary was $18.2 million. In 2013, press reports indicated that the total value of Duke’s pension, deferred compensation and other retirement accounts totalled over $113 million.
Duke ranked No. 10 on Forbes list of The World’s Most Powerful People in 2013. That same year, Wal-Mart ranked No. 15 on Forbes list of Most Patriotic Brands—and the only retailer on the list—as voted by U.S. consumers. As of November 25th, 2013, Duke’s tenure as CEO ended with his sudden replacement by the board of Walmart.