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Walmart Inc.
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Walmart Inc.

Walmart Announces Appointment of New Senior Vice President and Controller

| 8-K |Consumer Defensive

Summary

On October 22, 2025, Walmart Inc. announced the appointment of Dwayne Milum as Senior Vice President and Controller, effective February 1, 2026. Milum, who has been with Walmart since 2004, previously served as Senior Vice President and Chief Audit Executive. He will receive an annual base salary of $600,000 and is eligible for an annual cash incentive and equity awards. His appointment follows David Chojnowski's transition to the role of Senior Vice President, Treasurer and Tax on January 31, 2026.

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About Walmart Inc.

Walmart Inc., a multinational retail corporation, operates a chain of hypermarkets, discount department stores, and grocery stores. Founded in 1962 and headquartered in Bentonville, Arkansas, Walmart is one of the world's largest companies by revenue, serving millions of customers globally each week. The primary function of Walmart is to provide a wide array of goods at competitive prices, ranging from groceries and apparel to electronics and home goods. With a diverse selection of products, Walmart caters to the needs of various demographics, including individual consumers and families. Renowned for its logistics and supply chain efficiencies, Walmart has played a pivotal role in shaping retail industry standards. The company’s innovations in inventory management and procurement have significantly impacted sectors such as logistics, agriculture, and manufacturing. Through its extensive network of retail locations and e-commerce platforms, Walmart has continuously influenced consumer buying habits and retail operations. By maintaining a focus on cost leadership and customer-centric strategies, Walmart holds a significant position in the global retail market.

Exchange: NYSE Industry: Discount Stores Company Website →

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