NRF to bestow Walmart's McMillon with Visionary Award

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NRF to bestow Walmart's McMillon with Visionary Award

By Gina Acosta - 10/26/2017

The National Retail Federation will recognize Walmart President and CEO Doug McMillon as “The Visionary,” an award given once a year to an outstanding retail industry leader.

“From risk-taking acquisitions like Jet.com to investing in the future of the industry by prioritizing workforce solutions and spearheading initiatives that empower businesses to be a force for good, Doug McMillon’s leadership has kept Walmart at the forefront of innovation,” said NRF President and CEO Matthew Shay. “Doug McMillon is a homegrown talent at Walmart who has spent his entire career rotating through different roles to better understand the business. His diversity in experience has created a leader who ensures that the world’s largest company remains a pioneer that sets the pace for retailers around the world.”

According to NRF, the Visionary is awarded annually to a leader with a long record of spearheading change in the retail industry. Each year, prominent retail executives identify an individual who is a disruptor, dreamer, giver, influencer and power player who has changed and continues to transform the landscape of retail in a monumental way.

“We strive to be a purpose-driven company, and we work to make every day easier for busy families. This is an exciting time to be in retail as customers are more connected than ever. We’re having fun thinking of new and innovative ways to serve them and to save them not only money, but time,” McMillon said. “I’m proud of the team we have in place and I’d like to thank our associates, because they are the ones serving customers every day and doing the work that is being recognized by the NRF, and for that we are truly humbled.”

McMillon is a longtime champion of Walmart’s customers, its associates and the company’s culture. In 1984, he worked as an hourly summer associate in a Walmart distribution center, and in 1990, while pursuing his MBA, he rejoined the company as an assistant manager in a Tulsa, Okla., store before moving to merchandising.

He went on to successfully serve in senior leadership roles in all of Walmart’s business segments. From 2006 to 2009, he served as president and CEO of Sam’s Club, which had annual sales of more than $46 billion during his tenure. From February 2009 to February 2014, he was president and CEO of Walmart International, which has more than 6,400 stores and nearly 800,000 associates in 26 countries outside the United States. He became president and CEO of the entire company in February 2014.

McMillon, who says he remains a merchant at heart and has a reputation for understanding where customers around the world are heading next, will be recognized during the NRFFoundation Gala in January.

 

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