BENTONVILLE, Ark. (AP) — Wal-Mart Stores CEO and PresidentMike Duke is stepping down from
those posts. The world’s biggestretailer named Doug McMillon as his successor. The 63-year-old Duke
willstay on as chairman.The 47-year-old McMillon’s appointments are effective Feb. 1, 2014. He
previously served as CEO of Walmart International.The announcement came just days before the kickoff of
the holiday shopping season.Wal-Mart shares edged up in premarket trading.McMillon will also join
Wal-Mart’s board. That appointment is effective immediately.Copyright 2013 The Associated Press. All
rightsreserved. This material may not be published, broadcast, rewritten orredistributed.BENTONVILLE,
Ark. (AP) — Wal-Mart Stores CEO and PresidentMike Duke is stepping down from those posts. The world’s
biggestretailer named Doug McMillon as his successor. The 63-year-old Duke willstay on as chairman.The
47-year-old McMillon’s appointments are effective Feb. 1, 2014. He previously served as CEO of Walmart
International.The announcement came just days before the kickoff of the holiday shopping season.Wal-Mart
shares edged up in premarket trading.McMillon will also join Wal-Mart’s board. That appointment is
effective immediately.Copyright 2013 The Associated Press. All rightsreserved. This material may not be
published, broadcast, rewritten orredistributed.