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Fortune

Phil Wahba

A once-unthinkable C-suite appointment solidifies Walmart's new identity as a tech company

Walmart Fortune Doug McMillon John Furner Amazon

(Credit: Courtesy of Walmart)

In today’s CEO Daily: Fortune‘s Phil Wahba breaks down the tech priorities behind Walmart’s latest C-suite shuffle.
The big leadership story: Microsoft and Meta beat expectations, with all eyes on AI spending.
The markets: U.S. markets are set to climb after the S&P 500 briefly topped 7,000 for the first time Wednesday.
Plus: All the news and watercooler chat from Fortune.

Good morning. This week will bring big changes to the largest company in the world, Walmart Inc. Feb. 1 will mark the retirement of Doug McMillon after a remarkable tenure and Day 1 for his replacement, John Furner. But the company is also enacting other changes to its C-suite that make one thing quite clear: Walmart, a 64-year-old retailer, now sees itself as a tech company.

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