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Walmart CEO Doug McMillon Retirement: Gen Z Advice - News Directory 3

Walmart CEO Doug McMillon Retirement: Gen Z Advice

January 26, 2026 Victoria Sterling Business
News Context
At a glance
  • Walmart’s‌ CEO Doug McMillon is set⁣ to retire at the end of this month, and has spent his entire four-decade career⁢ climbing the ranks ​from the warehouse ⁣to⁤...
  • “Career-wise, the first ⁢thing I tell ⁢anyone who asks for guidance is ‍to do today’s job well, be present, drive change,⁣ deliver results, and do it the right...
  • McMillon knows a thing or two⁣ about leveraging loyalty to leapfrog in his career.The retiring CEO got his start at Walmart back⁣ in 1984 picking up orders and...
Original source: fortune.com

Walmart’s‌ CEO Doug McMillon is set⁣ to retire at the end of this month, and has spent his entire four-decade career⁢ climbing the ranks ​from the warehouse ⁣to⁤ the C-suite. Reflecting back on his whirlwind of ⁤a run at the $938 billion retail⁢ giant, McMillon had three lessons for ⁢Gen Zers first ​stepping into the workforce—and ‍the first ⁣doesn’t require a fancy degree, only determination.

“Career-wise, the first ⁢thing I tell ⁢anyone who asks for guidance is ‍to do today’s job well, be present, drive change,⁣ deliver results, and do it the right way,” McMillon told graduates during ‍ his commencement address at the ⁢University of ‍Arkansas in 2024. “Being present in today’s role and earning trust leads to the next ‌job prospect.”

McMillon knows a thing or two⁣ about leveraging loyalty to leapfrog in his career.The retiring CEO got his start at Walmart back⁣ in 1984 picking up orders and unloading trailers at a warehouse for just ‍just $6.50 an‍ hour. This summer job blossomed​ into‌ a four-decade journey at the buisness; after earning ⁣his MBA ⁣from the University of Tulsa, he transitioned to corporate⁤ work​ at walmart in 1991 as a fishing-tackle buyer and worked his⁤ way up to CEO in 2014.

Dedicating one’s entire⁣ career to one employer is no easy feat, but McMillon⁢ has said he’s ⁢never ⁢“been bored ‌one single day”—and advised Gen⁣ Zers to find ⁤a career they love,too.

“My second piece of⁤ advice is to⁤ pursue a⁣ career that does not feel like ‌work.⁤ life is too short to invest so much time doing something you don’t enjoy,” McMillon continued. “I hope​ you⁤ find your spot⁢ quickly‍ like⁢ I did,but if⁣ you don’t,my advice ​is that you shouldn’t give⁢ up until you ‌do…If you’re in the right place,moast days,work won’t even feel like work.”

For the young generation rocked ⁤by ‍ AI jobs automation, tariff wars, sky-high housing ⁢costs, and crushing student loans, McMillon’s last takeaway rings especially true. Be ​compassionate towards others, even ⁤when the going ⁢gets tough.

“My ​third and final piece of advice is to assume positive‍ intent from others and show ⁤them some grace. ⁢Know that you’ll get more joy from what you give than ‍what you get,” McMillon added. “There’s a‍ lot⁤ of conflict in our world today. Lots ⁤of worrying and too much ​suffering.We have a lot of challenges to be⁤ solved.”

fortune reached ⁤out to Walmart for comment.

CEOs who say it’s ⁢vital⁤ to love what⁢ you do

Table of Contents

  • CEOs who say it’s ⁢vital⁤ to love what⁢ you do
  • The ⁤Boeing 737‌ MAX‌ Grounding
  • Recertification and Software Updates
  • Legal and Financial Consequences for ​Boeing
  • Current Status (as of January 26, 2026)

McMillon isn’t​ the only business⁢ leader who has encouraged Gen Zers to do what will fill their souls,⁣ not their bank accounts. Late Apple cofounder and CEO Steve Jobs once advised⁣ graduates to not settle for‌ a ⁤job they’re dispassionate about; Jobs’ love ​for his career ​kept him⁤ going thru being ousted from the company he built,and Apple’s near-bankruptcy. Young workers ‍should find their calling‍ too, he encouraged, ⁣even ⁣if that means rejecting opportunities that don’t feel right.

“Your work is going to fill a large part ​of your life, and the only way to​ be truly satisfied ⁤is to do what you believe ⁤is great ⁣work. And the only way to ​do great work is to love what ⁢you do,” jobs The ⁤Boeing 737‌ MAX‌ Grounding

The ​Boeing 737 MAX grounding began‌ on March 13, 2019, after‍ the crash of Ethiopian Airlines Flight 302, which followed the crash of⁣ Lion Air Flight 610 in October‌ 2018. Both ‍crashes involved the⁤ Maneuvering characteristics Augmentation System (MCAS),‌ a software feature​ designed ​to automatically ‌push the nose of the aircraft down if it ⁤detects⁣ a stall. Investigations revealed flaws ⁣in the MCAS‍ design, including reliance on a ⁤single angle-of-attack sensor and a lack of sufficient pilot training on the system.

Detail: ​The grounding⁤ impacted airlines globally, causing significant disruptions to travel schedules and financial losses. The federal Aviation Management (FAA) initially defended its certification process but faced criticism‌ for its ⁣close relationship with Boeing and for delegating some certification tasks to Boeing employees. The grounding triggered numerous investigations by regulatory bodies and congressional committees.

Example or Evidence: ​The FAA issued a worldwide airworthiness directive on⁢ March ⁤13, 2019, ordering the grounding​ of all 737 MAX aircraft. ⁣ FAA Airworthiness Directive 2019-03-13 details the specific requirements for ‍the grounding.

Recertification and Software Updates

The 737 MAX was recertified to fly by the ​FAA on november 18, ​2020, ​after Boeing implemented ‍software updates to ⁢address the MCAS flaws. These updates included⁤ redundant‍ angle-of-attack sensors,revised‌ flight control software,and enhanced pilot ‍training requirements. other aviation ⁣authorities, including the⁤ European Union Aviation‌ Safety Agency (EASA) and Transport Canada,‍ followed suit​ with their own recertifications.

Detail: The recertification process was not⁢ without controversy. ⁣Some critics argued that the FAA ​moved ⁢too ‌quickly and that the software updates did ⁢not ⁣fully address the underlying safety concerns. Families of⁢ the​ victims of the crashes⁤ also voiced their concerns and called for greater accountability.

Example or ⁤Evidence: Boeing released a detailed description of the MCAS software updates ​in a report submitted ​to the FAA. ​ Boeing 737 MAX⁢ Software Update Report outlines the ⁣changes made to the system.

Legal and Financial Consequences for ​Boeing

Boeing faced significant legal and ‍financial consequences consequently of⁢ the⁤ 737 MAX‌ crashes. The U.S.Department of Justice (DOJ) reached a deferred prosecution agreement with Boeing in January 2021,⁣ requiring ‍the company to pay a $2.5 billion penalty and establish a $500 million fund ‍for⁢ the families of the victims. ⁣ Boeing ​also ⁣faced numerous civil lawsuits from the families and airlines.

Detail: The DOJ inquiry found that Boeing employees ​had concealed details from the FAA about the MCAS system. The deferred prosecution ⁤agreement required Boeing to cooperate ‍fully with ⁤the DOJ and ‌to implement⁢ a compliance program ⁢to prevent future misconduct.

Example or​ Evidence: The DOJ press ⁤release announcing the ‍deferred prosecution agreement details the​ terms ‍of the settlement. Department‌ of Justice Press Release – ‌Boeing Deferred Prosecution Agreement provides specifics on the penalties and requirements.

Current Status (as of January 26, 2026)

As of January 26,‍ 2026, ​the Boeing 737 MAX is back in ⁢service ​with

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