Doug McMillon

Doug McMillon is the CEO, president and board of directors members of the giant retailer Walmart, world's most valuable company. Sam Walton first envisioned something more modest when he founded Walmart: a retail business that would serve rural areas and help customers cut costs and share profits. Walmart grew quickly and is now the top global company by revenue (Amazon's revenue is less than half of Walmart). In 1988, Walton gave up his role as CEO and, since then, the company has been led by four chief executives: David Glass, Lee Scott, Michael Duke and Doug McMillon, who's the current CEO. But it was a long way until Doug ended up running it. In fact, his first job at Walmart was an hourly summer associate in a Walmart distribution center, unloading trucks, when he was still a teenager. Doug has a B.S. in business administration and earned his MBA in finance from the University of Tulsa. In 1990, during his MBA program, McMillon rejoined Walmart as an assistent manager, and then moved to merchandise. After taking various roles, McMillon worked as president and CEO of company’s International and Sam’s Club business units, the chain of membership-only retail warehouse clubs owned and operated by Walmart Inc. In 2014, Doug took over the whole company in a time of slow growth and when the competition from rivals was increasing. Since then, Doug constantly raised wages investing billions of dollars, affecting the lives of over one million employees. Doug also serves on the board of directors for the Consumer Goods Forum, the U.S.-China Business Council, and Crystal Bridges Museum of American Art. Another significant change that Walmart faced since Doug’s “presidency” is the replacement of lighting with LED lights for energy efficiency.

All books recommended by Doug McMillon:

Books Recommended by Doug McMillon

Sam Walton: Made in America

by Sam Walton

Shoe Dog: A Memoir by the Creator of Nike

by Phil Knight

Between the World and Me

by Ta-Nehisi Coates

Team of Teams: New Rules of Engagement for a Complex World

by General Stanley McChrystalTantum CollinsDavid SilvermanChris Fussell

Chinese Politics in the Xi Jinping Era: Reassessing Collective Leadership

by Cheng Li

Change by Design: How Design Thinking Transforms Organizations and Inspires Innovation

by Tim Brown

The Good Jobs Strategy: How the Smartest Companies Invest in Employees to Lower Costs and Boost Profits

by Zeynep Ton

Soul Keeping: Caring For the Most Important Part of You

by John Ortberg

The Undoing Project: A Friendship That Changed Our Minds

by Michael Lewis

Everybody Matters: The Extraordinary Power of Caring for Your People Like Family

by Bob ChapmanRaj Sisodia

Algorithms to Live By: The Computer Science of Human Decisions

by Brian ChristianTom Griffiths

The Content Trap: A Strategist's Guide to Digital Change

by Bharat Anand

Inclusion: Diversity, the New Workplace & the Will to Change

by Jennifer Brown

If You Can Keep It: The Forgotten Promise of American Liberty

by Eric Metaxas

The New Leadership Literacies: Thriving in a Future of Extreme Disruption and Distributed Everything

by Bob Johansen

Design for Good: A New Era of Architecture for Everyone

by John Cary

One Mission: How Leaders Build a Team of Team

by Chris FussellC. W. Goodyear

New Power: How Power Works in Our Hyperconnected World--and How to Make It Work for You

by Jeremy HeimansHenry Timms

Rhinoceros Success: the Secret to Charging Full Speed Toward Every Opportunity

by Scott Alexander

Love Does: Discover a Secretly Incredible Life in an Ordinary World

by Bob Goff

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