Retail giant Walmart will get a new CEO a bit earlier than expected. There’s news today that Doug McMillon, the man who runs Walmart International, will take over in February. Walmart sales were down last quarter and tenaciously high unemployment makes it tough for many of its customers to spend more. Forty-seven year old McMillion is a company man. He started nearly three decades ago as a summer employee at a Walmart distribution warehouse and worked at the company while he did his MBA.
Click on the above link to hear more about Wal Mart’s new CEO and the company he’ll inherit.