Michael Cary/CNN(CNN) - Walmart CEO Doug McMillon on Thursday was named the incoming chairman of Business Roundtable, the prominent group of 192 chief executives representing corporate America's interests in Washington.
McMillon, a Walmart lifer who became the company's chief executive in 2014, will serve a two-year term as Business Roundtable's leader beginning in January.
He committed to "keeping Business Roundtable CEOs at the forefront of constructive public policy debates."
The appointment of McMillon comes at an inflection point for both Business Roundtable and Walmart, the country's largest retailer and private employer.
Last month, Business Roundtable said that America's corporations are responsible for improving society by serving all stakeholders ethically, morally and fairly.