Doug McMillon, Wal-Mart Stores

Doug McMillon, Wal-Mart Stores

2014 Power 50 Other Retailers Selling Food: No. 1 Doug McMillon President and CEO Wal-Mart Stores Key Development: Named CEO of the world’s largest retailer. What’s Next: Improving as merchants; investing in e-commerce.

For Doug McMillon, the future of retail is where the physical and virtual worlds intersect. And he’s driving Walmart straight for it.

“We have a business to run today [and] we have a business to invent going forward, and the two connect,” McMillon said during remarks at Walmart’s annual meeting last month. “We’re living in that world right now … and frankly, it makes it really exciting.”

McMillon was named CEO of the world’s largest retailer in February, becoming only the

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