Walmart CEO Doug McMillon, who began as an hourly worker, will retire on January 31 after a 40-year career. He plans to ...

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Coca-Cola said Wednesday that its chief operating officer will become its next CEO in the first quarter of 2026.

McMillon worked his way up from a Walmart warehouse worker making $6.50 hourly to CEO with a $26.5 million compensation package. Now, he’s looking forward to “just cheerlead” from the sidelines.