VIDEO: McMillon Named Wal-Mart CEO

C. Douglas McMillon is picking up the reins at Wal-Mart Stores Inc., the world’s largest retailer. He takes the top job on Jan. 31, when Mike Duke steps down from his role as ceo and president, according to a regulatory filing Monday. Duke will remain chairman of the board’s executive committee. McMillon, 47, is currently president and chief executive officer of the retailer’s international unit.

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