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Wal-Mart names McMillon as next CEO successor
Wal-Mart Stores Inc. designates Doug McMillon to succeed Mike Duke as chief executive on February 1, elevating a long time insider to lead the world’s largest retailer. McMillon, 47, heads Wal-Mart’s international division which accounts for about 29 percent of annual net sales, as the company faces slower growth and external criticisms.
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