© 2020 WFAE
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
Available On Air Stations

Longtime Wal-Mart Employee Chosen As CEO


NPR's business news begins with a new chief at Wal-Mart.


GREENE: Doug McMillon of Jonesboro, Arkansas, started at Wal-Mart in 1984. It was a summer job, he was unpacking trucks. Yesterday, he was named as the retail giant's new CEO. Not only is the 47-year-old McMillon an insider who rose through the ranks, he's one of the few executives who actually worked under founder Sam Walton.

A Signal analyst say that Wal-Mart is not planning a major overhaul anytime soon. Transcript provided by NPR, Copyright NPR.

We Need Your Help Now More Than Ever

WFAE mask

Our newsroom is hard at work covering everything from the ongoing coronavirus pandemic to the aftermath of the election, the race for a vaccine and our communities' fight to rebuild. But we can't do it without you. Support our local journalism with a donation of ANY amount, and we’ll send you a free WFAE member mask courtesy of AllDayMask.com of Monroe.