From Truck Unloading to $25.7 Million in Compensation
McMillon was a graduate of the local public school. He then set out for Arkansas to study at the University of Arkansas, Fayetteville. He received a bachelor’s degree from the University of Arkansas in Fayetteville in 1989 in business administration. His Instagram bio says “Husband.” Father. Razorback. Gadget geek. Retail lifer. Proud Walmart associate,” refers to the university’s mascot (a razorback hog known simply as “Big Red”)
University of Arkansas Libraries Special Collections
McMillon enrolled at the University of Tulsa’s MBA Program in the following year. While completing his studies, McMillon started as a buyer trainee at a local Walmart. McMillon moved to Walmart headquarters in his Arkansas hometown shortly after.
Reuters/Ray Stubblebine
Source: Fortune
Bloomberg Businessweek reports that McMillon has worked in many areas, including food, apparel and home furnishing. He started his career as a general merchandise manger at Sam’s Club (Walmart’s Wholesale Store) and rose to the rank of senior VP at Walmart where he was responsible for toys, electronics, sporting goods, and other products.
AP
Source: Bloomberg Businessweek
McMillon became the CEO of Sam’s Club, his first major job in the company. According to The Wall Street Journal this was where McMillon made his name by focusing on small-business owners.
Scott Olson/Getty Images
Source: The Wall Street Journal
McMillon, as CEO, has applied his leadership skills to other areas, such as social issues. McMillon has been called one the most ‘woke CEOs’ in the country. He was also named the’most connected CEO’ by the Brunswick Group’s Connected Leadership Survey.
Gareth Patterson / AP Images
McMillon condemned racial violence after George Floyd’s death and pledged that Walmart would provide mentorship as well as funding to support racial equity. The company donated total $14 million to 16 non-profit organizations. They also set a goal to donate $100,000,000 over five years to fight systemic racist behavior.
Mark Lennihan/AP Images
Walmart helped to strengthen vaccination efforts across the country and provided essential goods for low-income shoppers as the Covid-19 pandemic grew. McMillon called on Congress to pass a second stimulus check in February 2021. He used Walmart spending data from February 2021 to show that families need more money in order to buy groceries and other essentials.
AP Photo/Alex Brandon
McMillon was also responsible for the 2020 launch of Walmart+, the Walmart Connect advertising company, and curbside pickup at Sam’s Club.
Sam’s Club
McMillon received $25.7 million in total compensation during fiscal 2022. Shelley McMillon, his wife, is a philanthropist who has donated millions to various causes.
Brendan McDermid/REUTERS
McMillon stated that his optimism is higher now than it was at year’s beginning during a post-earnings call on May 20, 2022. “The US’s economic stimulus clearly has an impact.” McMillon’s optimism is supported by the numbers, with fiscal 2022 earnings expected increase by single digits.
Drew Angerer/Getty Images
Source: Reuters
[Denial of responsibility! newsanyway.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – at newsanyway.com The content will be deleted within 24 hours.]