Who’s on the move: Nov. 24, 2025

Walmart

Walmart Inc. announced its board of directors has elected John Furner to succeed Doug McMillon as president and chief executive officer of Walmart Inc., effective Feb. 1, 2026.  Furner was also elected to the company’s board of directors, effective immediately. McMillon will retire Jan. 31, 2026, but remain on the board of directors until the next annual shareholders’ meeting and help ensure a smooth transition.

“John Furner is the right leader to guide Walmart into our next chapter of growth and transformation,” said Greg Penner, chairman of Walmart Inc. “After starting as an hourly associate and being with us for over 30 years in a variety of leadership roles across all three of our operating segments, John understands every dimension of our business – from the sales floor to global strategy. He has proven that he can deliver results while living our values. John’s six-year leadership of our Walmart U.S. business during a time of rapid change, marked by digital acceleration and strong associate engagement, has positioned us for continued success.”

Jones DesLauriers Insurance Management

Jones DesLauriers Insurance Management Inc., a founding Navacord Broker Partner, announced the appointment of Kyle Johnson as partner and rail, logistics and risk management leader within the firm’s Complex Risk division. The appointment reflects the firm’s goal of building specialized capabilities for clients facing complex operational and supply chain exposures.

Johnson will lead strategies and advisory services for clients navigating intricate rail, logistics, transportation and energy sector risk challenges, ensuring tailored solutions for organizations with sophisticated and evolving risk profiles.

Canadian Manufacturers and Exporters

Canadian Manufacturers and Exporters (CME) announced the appointment of Peter MacDonald, director of sustainability and external relations at CKF Inc., as its chair of the board of directors. MacDonald succeeds Patrick Oland, chief financial officer, Moosehead Breweries Limited, who has served as Chair since 2023.

MacDonald’s appointment was announced by the organization’s national board today following its annual general meeting in Ottawa.

“We are so pleased to have Peter on board as our chair here at CME during this critical time in Canada’s manufacturing industry,” said Dennis Darby, president and CEO of CME. “I would also like to thank Patrick, whose deep knowledge of the Canadian manufacturing sector has helped our national association with important decisions.”