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As organizations set their sights on 2026, a handful of megacompanies are preparing for the most significant transition an organization can go through: welcoming a new CEO. The trend isn’t necessarily isolated, experts say, but rather reflects a move toward shorter-tenured chief executives, highlighting the growing pressure for HR to plan ahead when it comes to CEO succession plann
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ng. This month, retail giant Walmart, the nation’s largest employer (and home to the 2025 HR Executive of the Year, Donna Morris), announced longtime CEO Carl McMillon would retire in February. He will be succeeded by John Furner, president and CEO of