#345: Doug McMillon — CEO of Walmart

#345: Doug McMillon — CEO of Walmart

Doug McMillon (IG: @dougmcmillon) is president and chief executive officer of Walmart, a company that, if it were a country, would be the 25th largest economy in the world. Walmart serves 265 million customers weekly in 27 countries across more than 11,000 stores and online, and the company employs roughly 2.2 million associates worldwide, which would equate to the second largest army in the world (behind China) if it were tasked with defending that 25th largest economy.

75 percent of Walmart's store management team began as hourly associates, and Doug is no exception. He started out in 1984 as a summer associate in the Walmart distribution center, and in 1990 while pursuing his MBA, he rejoined the company as an assistant manager in Tulsa before moving to merchandising as a buyer trainee. He worked his way up, and from 2005 to 2009 he served as president and CEO of Sam's Club (owned and operated by Walmart) with sales of more than $46 billion annually during his tenure.

From February of 2009 to 2014, Doug served as president and CEO of Walmart International, a fast-growing segment of Walmart's overall operations. He has served on the board of directors for Walmart since 2013 and is currently the chair of the executive and global compensation committees. In addition, he serves on the board of directors of the Consumer Goods Forum, the US-China Business Council and Crystal Bridges Museum of American Art. He also serves on the executive committee of the Business Roundtable and the advisory board of the Tsinghua University School of Economics and Management in Beijing, China.

This episode was recorded live at the Heartland Summit in Bentonville, AR, surrounded by the jaw-droppingly mind-blowing Crystal Bridges Museum of American Art. Please enjoy!

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Episoder(860)

#856: Jim Collins — What to Make of a Life and How to Maximize Your Return on Luck

#856: Jim Collins — What to Make of a Life and How to Maximize Your Return on Luck

Jim Collins has published multiple international bestsellers that have sold in total more than eleven million copies worldwide, including the perennial favorite Good to Great. His new book is What to ...

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#855: Tim Ferriss — How to Quiet the Ruminative Mind, Avoid Traps of Self-Help, and Focus in a World of Promiscuous Overcommitment

#855: Tim Ferriss — How to Quiet the Ruminative Mind, Avoid Traps of Self-Help, and Focus in a World of Promiscuous Overcommitment

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#854: Tish Rabe — 200+ Children's Books, Getting Picked for Dr. Seuss, Lessons from Early Sesame Street, How to Write 300+ Songs, and More

#854: Tish Rabe — 200+ Children's Books, Getting Picked for Dr. Seuss, Lessons from Early Sesame Street, How to Write 300+ Songs, and More

Tish Rabe (@tishrabebooks) is the New York Times bestselling author of more than 200 children's books with more than 11 million copies sold. She has written for Sesame Street, Disney, PBS Kids, Curiou...

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#853: Jordan Jonas, Champion of Alone — The Art of Survival, Lessons from Nomadic Tribes, Hardship as the Path to Peace, How to Handle Rogue Wolverines, and Why Not to Photograph Attacking Bears

#853: Jordan Jonas, Champion of Alone — The Art of Survival, Lessons from Nomadic Tribes, Hardship as the Path to Peace, How to Handle Rogue Wolverines, and Why Not to Photograph Attacking Bears

Jordan Jonas (@hobojordo) grew up on a farm in Idaho, rode freight trains across the US, spent time in remote Russian villages, fur trapped and travelled for several years with nomads in Siberia, and ...

11 Feb 2h 26min

#852: Tim McGraw — Starting Late with a $20 Guitar, Selling 100M+ Records, and 30+ Years of Creative Longevity

#852: Tim McGraw — Starting Late with a $20 Guitar, Selling 100M+ Records, and 30+ Years of Creative Longevity

Tim McGraw (@thetimmcgraw) is a Grammy Award-winning entertainer, author, and actor who has sold more than 106 million records worldwide, with 49 number-one singles and 19 number-one albums. He is one...

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#851: Dr. Tommy Wood — How to Future-Proof Your Brain from Dementia

#851: Dr. Tommy Wood — How to Future-Proof Your Brain from Dementia

Dr. Tommy Wood (@DrRagnar) is an associate professor of pediatrics and neuroscience at the University of Washington, where his research focuses on brain health across the lifespan. This includes thera...

28 Jan 2h 7min

#850: The Peace That's Always Within You — Guided Meditation by Zen Master Henry Shukman

#850: The Peace That's Always Within You — Guided Meditation by Zen Master Henry Shukman

This episode is part of a series called Meditation Monday. The teacher, Henry Shukman, has been on my podcast twice before. He is one of only a few dozen masters in the world authorized to teach Sanbo...

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#849: Dr. Michael Levin — Reprogramming Bioelectricity, Updating "Software" for Anti-Aging, Treating Cancer Without Drugs, Cognition of Cells, and Much More

#849: Dr. Michael Levin — Reprogramming Bioelectricity, Updating "Software" for Anti-Aging, Treating Cancer Without Drugs, Cognition of Cells, and Much More

Dr. Michael Levin (@drmichaellevin) is the Vannevar Bush Distinguished Professor of Biology at Tufts University and director of the Allen Discovery Center. He is primarily interested in how intelligen...

21 Jan 1h 47min

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