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Monster Beverage Corporation has successfully defended its $311 million legal victory against Bang Energy and its founder Jack Owoc, after the U.S. Court of Appeals for the Ninth Circuit upheld a previous trial court ruling this week. Monster Beverage Corporation has successfully defended its $311 million legal victory against Bang Energy and its founder Jack Owoc, after the U.S. Court of Appeals for the Ninth Circuit upheld a previous trial court ruling this week. The decision marks the final chapter in a high-profile legal battle that has reshaped the energy drinks landscape. The appeal, brought by Owoc and Vital Pharmaceuticals (Bang Energy's parent company), challenged the exclusion of certain evidence during the original California federal trial—namely, claims that Monster had engaged in its own alleged misleading marketing and competitive tactics. The Ninth Circuit rejected these arguments, affirming that the original jury decision was properly reached and supported by sufficient evidence. Monster originally filed suit in 2018, accusing Bang Energy of engaging in false advertising by promoting its product as containing "Super Creatine" and claiming it could deliver medical benefits, including treating neurological conditions such as Alzheimer’s and Parkinson’s. A jury sided with Monster in 2022, finding the claims misleading and awarding $293 million in damages—an amount that later grew to over $311 million with legal costs and interest. A California court also permanently barred Bang from marketing its drinks using the “Super Creatine” label. The case gained further commercial significance when Monster acquired the bankrupt Bang Energy business in 2023 for $362 million, following the damages award. The acquisition effectively consolidated Monster’s position in the highly competitive U.S. energy drinks category. Commenting on the appeals court ruling, Monster’s legal counsel Allison Libeu of Hueston Hennigan stated the decision “recognizes that the trial court’s rulings were plainly correct and that the jury’s unanimous verdict in favor of Monster is amply supported.” Owoc’s legal team has said they are currently reviewing the opinion and considering next steps. Case reference: Monster Energy Co v. Vital Pharmaceuticals Inc d/b/a VPX Sports, 9th U.S. Circuit Court of Appeals, No. 23-55451. The Newsroom Legal Monster Beverage Secures Appeals Court Win in $311M False Advertising Case Against Bang Energy News April 16, 2025 Legal Energy Drinks Beverage Soft drinks Related news Legal Trump Removes Tariffs on Key Food & Beverage Imports Including Coffee, Cocoa and Beef Legal Thailand’s New Alcohol Law Sparks Backlash from Tourism & Nightlife Sectors Legal Greencore-Bakkavor £1.2 Billion Merger Faces UK Antitrust Scrutiny Over Market Concentration Concerns Dairy Ben & Jerry’s Co-Founder Jerry Greenfield Resigns After 47 Years Amid Tensions with Unilever

Welch's, an iconic leader in the fruit-based food and beverage industry, is toasting to the launch of its biggest-ever campaign for Sparkling Juice, unveiling "Break Out the Fancy Juice" and welcoming a new kid back to the brand's advertising for the first time in 25 years. "Break Out the Fancy Juice" campaign marks return of child actors to Welch's advertising after 25-year hiatus Welch's, an iconic leader in the fruit-based food and beverage industry, is toasting to the launch of its biggest-ever campaign for Sparkling Juice, unveiling "Break Out the Fancy Juice" and welcoming a new kid back to the brand's advertising for the first time in 25 years. The campaign kicks off this week and celebrates how families make everyday moments feel special with the "fruity, fizzy fanciness" of Welch's Sparkling. Introducing Charlie Cheersman Welch's introduces a new character, Charlie Cheersman, portrayed by 10-year-old Paxton Beau Bazile, who narrates the scenes and shows families across the country how they can "Break Out the Fancy Juice" for celebrations big and small. Pax's energetic personality, distinctive voice, and genuine enthusiasm for the Welch's brand made him the perfect choice to bring Charlie to life as the face of the campaign. As the first kid to headline a Welch's campaign since the 2000s, Pax follows in the footsteps of Emily Mae Young and fellow child stars whose work shaped how families remember Welch's. Their commercials became ingrained in culture. Emily now hands Pax the spotlight for today's audience. Legacy Connection "Welch's was such a special part of my childhood," said Emily Mae Young, star of the well-known Welch's commercials from the '90s. "Those days on set were full of laughter, grape juice mustaches, and lip-smacking fun. Now, as a mom, seeing Welch's bring kids back into their ads for the first time in over 20 years feels like the heart of it all is returning. To the new Welch's kid: have fun, be yourself, and most importantly… drink the juice!" Integrated Agency Approach This campaign is powered by Welch's Sparkling integrated-agency team, comprised of: Terri & Sandy on Sparkling creative Flywheel for paid media Matter Communications driving public relations Superdigital leading social media, influencers and brand activations The campaign will run across TV, digital, social, retail media, partnerships, and sampling, as well as live and digital consumer experiences through the holiday season and beyond. Strategic Brand Vision "From big holiday tables to simple Tuesday wins, we want Welch's Sparkling Juice to be there when families celebrate," said Jen DeAngelis, Head of Communications & Brand Engagement at Welch's. "As we grow with the next generation of families, this campaign reconnects with what people love about Welch's in a way that feels fresh and exciting. Charlie guides consumers through cheers-worthy moments both big and small, and with our integrated agency team working as one across creative, media, social, and PR, we are backing Break Out the Fancy Juice with our biggest Sparkling investment to date." Product Portfolio Welch's Sparkling Juice is available in a variety of refreshingly sweet flavors perfect for every celebratory moment including: Passion Fruit Mango Red Grape White Grape Strawberry Crisp Apple (newest launch) Whether you're hosting Thanksgiving, capturing the perfect family holiday photo, or simply cheering a midweek milestone, it's time to Break Out the Fancy Juice. About Welch's Welch's is proudly owned by a cooperative of U.S. family farmers. Best known for its iconic Concord grape juices, jams, jellies, and spreads made with grapes grown on their farms, Welch's is a trusted leader in fruit-based food and beverages. Founded in 1869, Welch's has spent more than 150 years bringing real fruit flavor to families around the world. Today, the Welch's portfolio includes a wide variety of juices, sparkling fruit beverages, jams and jellies, fruit snacks, fresh fruit, and more, crafted with a range of fruits to meet the needs of all families. Headquartered in Waltham, Massachusetts, Welch's is committed to quality, innovation, and creating long-term value for its grower-owners. The Newsroom Marketing Welch's Launches Biggest-Ever Sparkling Juice Campaign with New Child Star News October 29, 2025 Beverage Soft drinks Marketing Related news Legal Thailand’s New Alcohol Law Sparks Backlash from Tourism & Nightlife Sectors Beverage Heineken Partners with Designer Axel Chay on Limited-Edition Marseille-Inspired Beer Coffee & Tea Oatly Launches ‘Baristamatic’: New Oat Drink Designed for Automated Coffee Machines People Nichols Appoints Matthew Rothwell as CFO and Company Secretary

The innovative drink will be available from October 27 through November 2, 2025, bringing a touch of seasonal magic to the coffee chain's beverage portfolio. Coffee giant introduces magical new beverage alongside Halloween merchandise collection Starbucks has launched its latest limited-time offering, the Abracadabra Frappuccino Blended Beverage , designed specifically for the Halloween 2025 season. The innovative drink will be available from October 27 through November 2, 2025, bringing a touch of seasonal magic to the coffee chain's beverage portfolio. Product Innovation and Development The Abracadabra Frappuccino represents a creative collaboration between Starbucks' global teams, with the concept originally developed by partners in Colombia. The beverage features a sophisticated flavor profile that combines: Creamy matcha Frappuccino base Strawberry sauce swirl Whipped cream topping Chocolate cookie crumble finish According to Cristian Paredes Costa , Senior Manager of Brand and Product for Starbucks Latin America and Caribbean, "Halloween is a time for joy, fun and surprise – and this beverage was created to capture that spirit. Inspired by the sense of wonder that magic brings, the Abracadabra Frappuccino Blended Beverage combines bright shades of green, red and black to evoke the mystery and excitement often associated with a magician's toolkit." Complementary Merchandise Strategy Alongside the beverage launch, Starbucks is introducing a comprehensive Halloween merchandise collection featuring tumblers, mugs, and accessories with distinctive glow-in-the-dark details. This limited-edition merchandise aligns with the company's strategy of creating seasonal touchpoints that extend beyond beverages to enhance customer engagement and brand loyalty. The Abracadabra Frappuccino continues Starbucks' tradition of holiday-themed limited-time offerings. Earlier in 2025, the company successfully launched the Firework Frappuccino in US locations from July 1-7 to commemorate Independence Day, featuring patriotic red, white, and blue layers. Financial Context This product launch comes as Starbucks navigates challenging financial conditions. The company reported attributable net earnings of $558.3 million for Q3 fiscal year 2025, representing a 47% decline compared to the same quarter in the previous year. Limited-time offerings like the Abracadabra Frappuccino serve as important revenue drivers and customer acquisition tools during competitive market conditions. Industry Implications The introduction of regionally-inspired beverages developed through international collaboration demonstrates Starbucks' commitment to leveraging its global partner network for innovation. This approach allows the company to tap into diverse cultural perspectives while maintaining brand consistency across markets. The Halloween-themed launch also reflects broader industry trends toward experiential marketing and seasonal engagement strategies that create urgency and drive foot traffic during specific promotional windows. Featured in this news Coffee & Tea Starbucks The Newsroom Coffee & Tea Starbucks Unveils Limited-Edition Halloween-Themed Abracadabra Frappuccino News October 29, 2025 Beverage Foodservice Coffee & Tea Related news Legal Thailand’s New Alcohol Law Sparks Backlash from Tourism & Nightlife Sectors Beverage Heineken Partners with Designer Axel Chay on Limited-Edition Marseille-Inspired Beer Coffee & Tea Oatly Launches ‘Baristamatic’: New Oat Drink Designed for Automated Coffee Machines People Nichols Appoints Matthew Rothwell as CFO and Company Secretary

Britvic has expanded its Pepsi portfolio with the launch of a new, limited-edition cola variant — Pepsi Electric, featuring a striking blue liquid and a zesty flavour profile designed to “challenge consumer expectations” within the category. Britvic has expanded its Pepsi portfolio with the launch of a new, limited-edition cola variant — Pepsi Electric, featuring a striking blue liquid and a zesty flavour profile designed to “challenge consumer expectations” within the category. The new variant will be available for 12 months and launches initially in 500ml bottles, exclusive to the UK market. It will begin rolling out across the convenience channel in May, ahead of a wider grocery, convenience and wholesale launch from 17 June. Positioned to attract younger shoppers and drive impulse purchases, Pepsi Electric is sugar-free, aligning with the growing demand for zero-sugar soft drink options without compromising on taste or flavour intensity. Ben Parker, Britvic’s retail commercial director for Great Britain, said: “Pepsi Electric embodies shopper preferences for fresh, special-edition flavours while incorporating the unmissable vibrant blue cola liquid, which will grab attention at shelf and capture the next generation. Pepsi Electric is set to help retailers increase basket spend and tap into the flavoured cola segment, a market growing three times faster than unflavoured cola.” Britvic said the innovation is part of its strategy to strengthen Pepsi’s position within the fast-growing flavoured cola segment, which continues to outperform traditional cola lines. The Newsroom Soft drinks Pepsi Electric – a limited-edition blue cola to energise the flavoured cola segment News April 30, 2024 New Products Beverage Soft drinks Related news New Products East Pizzas Launches First Retail Range of Sourdough Dough Balls, Bases and Topped Pizzas Plant-based This to Launch Limited-Edition Festive Nut Roast in Tesco New Products ❄️ Doughlicious® Launches First-Ever Frozen Advent Calendar🎄 Plant-based Barvecue Launches Market-First Plant-Based Rotisserie Chicken

You’re reading a free preview of The Newsroom 📰 ✅ Get full access to The Newsroom — your personalised F&B feed with curated insights, company updates, and announcements. + access to the full app collection from FNBX 👉 Join for Free 👋 Log in Subscribe to weekly updates Email* Yes, subscribe me to your newsletter. Submit The Newsroom Facilities Packaging November 17, 2025 Ball Corporation invests $60m to expand aluminium can production in India The expansion follows a $55 million investment in 2024 at Ball’s Taloja plant near Mumbai, reflecting the company’s long-term strategy to increase capacity... Facilities November 13, 2025 Angel Yeast Launches 11,000-Ton Yeast Protein Production Line in China Angel Yeast has inaugurated a new, fully automated yeast protein production line at its Baiyang Biotechnology Park in Yichang, Hubei, China, marking a significant step in meeting rising global demand for sustainable protein solutions. Facilities November 12, 2025 Tetra Pak Opens New Powder Development Centre in France to Support Innovation in Protein and Functional Nutrition Tetra Pak has officially opened its new Product Development Centre (PDC) for Powder Process and Technology in Cholet, France, as demand surges for protein-based and powdered nutrition products across the global food and beverage industry. Snacking October 29, 2025 Wholebake Expands Operations as a Leading Healthy Snack Bar Manufacturer Backed by the private equity investor Elysian Capital since 2021, Wholebake aims to position itself as the UK's most "capable and flexible bar" manufacturer through this significant investment. Facilities October 17, 2025 Sidel Strengthens West African Footprint with New Office in Lagos, Nigeria Global packaging solutions provider Sidel has expanded its presence in West Africa with the opening of a new office in Ikeja, Lagos, underscoring its commitment to serving the region’s fast-evolving beverage and packaging markets. Facilities February 13, 2024 Danone opens new plant-based beverage facility in France to boost Alpro production Danone has officially inaugurated its newly transformed plant-based beverage facility in Villecomtal-sur-Arros, southwestern France, following a two-year conversion project designed to strengthen its position in the fast-growing plant-based drinks category. Meat & Seafood January 26, 2024 Tyson Foods opens $355m bacon production facility in Kentucky New 400,000 sq ft site to produce 2m lbs of premium bacon weekly, creating 450 jobs in southcentral Kentucky First PREV 1 Page 1 NEXT Last

Iron Brute, described by the brand as “undeniably Scottish.” The launch continues MyProtein’s strategy of blending performance nutrition with bold, culturally inspired flavours. Sports nutrition leader MyProtein has expanded its popular Clear Whey range with a new limited-edition flavour, Iron Brute , described by the brand as “undeniably Scottish.” The launch continues MyProtein’s strategy of blending performance nutrition with bold, culturally inspired flavours. Released on 10 December and priced at £34.99 for 20 servings , the Iron Brute Clear Whey offers an orange-coloured, nostalgic flavour profile designed to resonate with Scottish consumers. The product was developed in partnership with renowned Scottish strength athletes — Luke Stoltman , Europe’s Strongest Man, and Tom Stoltman , two-time World’s Strongest Man — reflecting a shared commitment to strength, performance, and national pride. Each serving of Iron Brute Clear Whey delivers 20g of hydrolysed protein and 81 kcal , with zero sugar , catering to consumers focused on muscle recovery and precise macronutrient management. The formula supports athletes and active individuals seeking a convenient, refreshing way to meet their daily protein goals without the heaviness of traditional shakes. “Our Clear Whey range continues to redefine what a protein supplement can be — light, refreshing, and flavourful,” said a MyProtein spokesperson. “Iron Brute celebrates Scottish heritage while supporting performance nutrition, created in collaboration with two of the nation’s strongest athletes.” MyProtein’s Clear Whey range now features over 20 flavours , offering a fruit-infused alternative to conventional milk-based protein shakes. The line has gained significant popularity among consumers looking for versatile, easy-to-drink protein solutions that fit active lifestyles. With the launch of Iron Brute, MyProtein continues to strengthen its position as a leading innovator in the sports nutrition category — merging flavour, function, and cultural relevance in a competitive performance market. The Newsroom Health & Nutrition MyProtein Unveils Limited-Edition Iron Brute Clear Whey in Collaboration with Stoltman Brothers News December 18, 2023 New Products Health & Nutrition Beverage Related news New Products East Pizzas Launches First Retail Range of Sourdough Dough Balls, Bases and Topped Pizzas Plant-based This to Launch Limited-Edition Festive Nut Roast in Tesco New Products ❄️ Doughlicious® Launches First-Ever Frozen Advent Calendar🎄 Plant-based Barvecue Launches Market-First Plant-Based Rotisserie Chicken

Chartwells Higher Education has launched Crafted by Chartwells, an innovation platform that transforms student feedback into scalable, customizable dining concepts across college and university campuses. Chartwells Higher Education has launched Crafted by Chartwells, an innovation platform that transforms student feedback into scalable, customizable dining concepts across college and university campuses. The new portfolio includes more than 30 in-house brands, each co-created by Chartwells’ culinary teams, operators, marketers, and students. Drawing insights from over 100,000 students via the company’s Campus Dining Index, Crafted by Chartwells reflects Gen Z’s growing demand for authentic global flavors, functional foods, and inclusive menus. “Campus dining should be the most exciting place to eat, connect, and explore new flavors,” said Joe Labombarda, SVP of Culinary at Chartwells Higher Education. “Crafted by Chartwells helps us capture and elevate the newest culinary trends as they happen.” The portfolio features concepts such as Chaat House (modern Indian street food), Houston Street Subs (customizable sandwiches with fresh ingredients), Vedge Craft (vegetarian Middle Eastern–inspired meals), and Yum Bun & PhoU (Pan-Asian favorites like dim sum and pho). Many brands originated as campus-specific ideas before expanding nationally, with each designed for local adaptation and sourcing flexibility. Chartwells said the initiative underscores its commitment to making student voices central to dining innovation across its partner institutions. SOURCE Chartwells Higher Education The Newsroom Foodservice Chartwells launches “Crafted by Chartwells” to scale student-driven dining concepts nationwide News November 13, 2025 Foodservice Related news Foodservice Scholarship America donates 200 meals to D.C. students after gala postponed by travel disruptions Coffee & Tea Oatly Launches ‘Baristamatic’: New Oat Drink Designed for Automated Coffee Machines Coffee & Tea Starbucks Japan Launches 2025 Holiday Menu with Strawberry & Joyful Medley Tea Frappuccino Coffee & Tea Starbucks Unveils Limited-Edition Halloween-Themed Abracadabra Frappuccino

While not the fastest-moving trend in dairy, male-focused yogurt is gaining traction as brands look to capture a largely untapped consumer segment. While not the fastest-moving trend in dairy, male-focused yogurt is gaining traction as brands look to capture a largely untapped consumer segment. The trend traces back to Fonterra’s Mammoth Supply Company yogurt in 2010 and gained wider recognition with the US launch of Powerful Yogurt in 2013. Other notable entries include Danone for Men in Bulgaria (2013) and Dannon Oikos Triple Zero in the US (2015), reflecting growing brand interest in male-targeted offerings. Historically, yogurt marketing has skewed toward women, promoting general health benefits. However, a shift toward protein-rich, functional products has enabled brands to highlight benefits that particularly resonate with men, from muscle building and weight management to digestive and sexual health. What men are looking for in yogurt Powerful Yogurt was developed with input from sports nutritionists, trainers, and food scientists, targeting men seeking fat loss, muscle gain, and improved gut health. Its messaging emphasized a “for men, by men” positioning to appeal to a demographic often overlooked in the category. Similarly, Danone for Men responded to research showing that male consumers prefer thicker, higher-fat yogurts with natural ingredients and distinctive taste profiles. Its 5% fat Greek-style yogurt can even be eaten with a fork, underscoring its more robust positioning. Functional benefits driving the opportunity Digestive health: Probiotic strains in yogurt can improve bowel regularity, nutrient absorption, and overall immune function. Weight management: Long-term studies indicate yogurt consumption correlates with lower weight gain and reduced waist circumference in men. Muscle building: Greek yogurt delivers high-quality protein, with one 6oz serving providing 18g of protein without excess fat. Sexual health: Preliminary research suggests potential fertility and testosterone benefits linked to yogurt’s probiotic content. The combination of protein, probiotics, and functional nutrition positions yogurt as a strategic vehicle to appeal to male consumers increasingly focused on health, fitness, and performance. Although adoption has been gradual, industry observers expect market momentum to accelerate following recent launches in the US, offering dairy manufacturers and retailers an opportunity to expand portfolio innovation and target marketing toward male audiences. The Newsroom Dairy Yogurt for men emerges as a slow-burning but strategic growth opportunity October 26, 2023 Dairy Related news People Hochdorf Appoints Former Danone Executive Sandro Tichelli as CEO Dairy All Things Butter Launches Festive Brandy Butter for the Holiday Season People Claire Bara Named CEO of Yoplait Liberté Canada Dairy Freshways Commits £25 Million to State-of-the-Art UK Dairy Processing Hub

Scottish sourdough pizza brand East Pizzas is entering the retail market for the first time, unveiling a new lineup of sourdough dough balls, pizza bases and ready-to-cook topped pizzas rolling out from next month. Scottish sourdough pizza brand East Pizzas is entering the retail market for the first time, unveiling a new lineup of sourdough dough balls, pizza bases and ready-to-cook topped pizzas rolling out from next month. Founded in 2017 as an Edinburgh pizzeria, East Pizzas has since expanded into e-commerce and foodservice, now producing around 250,000 sourdough dough balls per month for trade partners and home cooks alike. The new retail line includes: 250g sourdough dough balls for consumers who want to shape their own bases Pre-stretched 12-inch pizza bases Oven-ready topped pizzas in Margherita, Pepperoni and Spicy varieties Made using only flour, water and salt , the dough undergoes a natural fermentation and 72-hour proving process — a method the company says results in a light texture, deep flavour and a clean label free from additives, preservatives or ultra-processed ingredients. Co-founder Roly Simpson said: “The pizza bases are blank canvases ready to top with consumers’ own recipes, while the dough balls are ideal for those who want more interaction with the process. The topped pizzas celebrate three of our most popular flavours and deliver the texture and flavour of authentic sourdough, crisping up beautifully when cooked.” The new products will be available via independent food retailers, farm shops and wholesalers . Sold fresh in chiller-friendly packaging , the range can be refrigerated or frozen for up to three months. The Newsroom New Products East Pizzas Launches First Retail Range of Sourdough Dough Balls, Bases and Topped Pizzas News November 17, 2025 New Products Retail Food Related news Plant-based This to Launch Limited-Edition Festive Nut Roast in Tesco New Products ❄️ Doughlicious® Launches First-Ever Frozen Advent Calendar🎄 Plant-based Barvecue Launches Market-First Plant-Based Rotisserie Chicken Dairy All Things Butter Launches Festive Brandy Butter for the Holiday Season

Red Bull Sugarfree Lilac Edition, a new grapefruit and blossom-flavoured variant developed in response to strong consumer interest in lighter, flavour-forward functional beverages. Red Bull is expanding its sugar-free portfolio in the UK with the launch of the Red Bull Sugarfree Lilac Edition , a new grapefruit and blossom-flavoured variant developed in response to strong consumer interest in lighter, flavour-forward functional beverages. The new edition builds on the growing demand for sugar-free energy drinks, particularly among consumers seeking functional performance without compromising on taste. According to Red Bull, extensive flavour testing and consumer research revealed that 75% of energy drink buyers would be likely to purchase an energy drink featuring grapefruit and blossom notes — insights that directly informed the development of the Lilac Edition. The Red Bull Sugarfree Lilac Edition will debut across UK wholesale channels from 9 June , with a broader rollout to convenience and grocery retailers in July . The product will be available in 250ml, 335ml, and 473ml cans , as well as a 250ml four-pack , offering flexible formats to meet both on-the-go and multi-buy shopper needs. The launch comes as the flavoured functional energy drink segment continues to expand rapidly. According to Kantar data , the category now caters to more than 12 million UK consumers . Kantar’s research also found that 18% of Red Bull Edition NPD shoppers were new to the functional energy drink market in the past year — underscoring Red Bull’s effectiveness in driving category penetration and attracting incremental buyers. The Lilac Edition joins Red Bull’s existing sugar-free flavour lineup, reinforcing the brand’s strategy to offer variety and innovation in a competitive, fast-evolving energy drink sector. With its combination of refreshing flavour, zero sugar, and functional energy benefits, the Lilac Edition aims to appeal to both loyal Red Bull consumers and new entrants exploring the sugar-free energy space. Featured in this news Energy Drinks Red Bull The Newsroom Energy Drinks Red Bull Expands Sugar-Free Range with New Lilac Edition in the UK News June 25, 2025 Energy Drinks New Products Beverage Soft drinks Related news Energy Drinks Gorgie Unveils Limited-Edition ‘Cranberry Party Pop’ Energy Drink for the Holiday Season Energy Drinks Nutrabolt Launches C4 Ultimate Energy x Godzilla Beverage Legal Monster Beverage Secures Appeals Court Win in $311M False Advertising Case Against Bang Energy Energy Drinks Red Bull expands Editions range with launch of Summer Edition White Peach

McMillon will retire from the CEO role on January 31, 2026, remain on the Board until the next annual shareholders’ meeting, and continue advising Furner through FY2027 to ensure a seamless transition. Walmart Inc. (NYSE: WMT) announced that its Board of Directors has elected John Furner, 51 , to succeed Doug McMillon, 59 , as President and Chief Executive Officer of Walmart Inc., effective February 1, 2026 . Furner has also joined the Board effective immediately. McMillon will retire from the CEO role on January 31, 2026 , remain on the Board until the next annual shareholders’ meeting, and continue advising Furner through FY2027 to ensure a seamless transition. Board Praises Leadership Continuity Greg Penner, Walmart’s Chairman, called Furner “the right leader to guide Walmart into our next chapter of growth and transformation,” noting his 30-year career with the company, beginning as an hourly associate. Penner also praised McMillon for more than a decade of transformative leadership, highlighting his investment in associates, digital acceleration, and modernization of the supply chain. McMillon Backs His Successor McMillon said serving as CEO has been “a great honor,” adding that Furner’s digital expertise, people-centric leadership, and merchant instincts make him uniquely prepared to lead the company into its next AI-driven era . Furner’s Vision Furner, currently President & CEO of Walmart U.S. since 2019, said he is “deeply honored” to lead the company that shaped his career. He emphasized that Walmart’s purpose and people will remain central as the retailer enters a new phase defined by innovation and artificial intelligence. About John Furner Joined Walmart in 1993 as an hourly associate Held leadership roles across merchandising, operations, and sourcing Former President & CEO of Sam’s Club U.S. Known for collaborative leadership and championing digital innovation Currently oversees Walmart U.S. and its 4,600+ stores Walmart will announce Furner’s successor as CEO of Walmart U.S. before the end of FY2026 . Featured in this news Retail Walmart The Newsroom People Walmart Names John Furner as Next President & CEO, Succeeding Doug McMillon in 2026 News November 16, 2025 People Retail Related news People SIG Group appoints Mikko Keto as new CEO People Hochdorf Appoints Former Danone Executive Sandro Tichelli as CEO People Nichols Appoints Matthew Rothwell as CFO and Company Secretary People Tropicana Brands Group Appoints Paul Chibe as CEO to Lead Next Phase of Growth

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