Major outgoing CEOs are citing AI as a factor in their decisions to step down

Coca-Cola CEO James Quincey and former Walmart CEO Doug McMillon have told CNBC that the next wave of artificial intelligence is a reason for their departures.

# Major outgoing CEOs are citing AI as a factor in their decisions to step down Coca-Cola CEO James Quincey and former Walmart CEO Doug McMillon have told CNBC that the next wave of artificial intelligence is a reason for their departures. **Read the full article:** [CNBC](https://www.cnbc.com/2026/03/26/coca-cola-james-quincey-walmart-doug-mcmillon-artificial-intelligence-step-down.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*