Walmart CEO Salary – President Income and Earnings

Curious about the salary of the CEO of Walmart? In this article, we will explore the compensation of C. Douglas McMillon, the President and CEO of Walmart Inc. As one of the leading retail companies globally, Walmart has attracted significant attention in terms of executive pay. Let’s take a closer look at the earnings of the company’s top leadership.

Key Takeaways:

C. Douglas McMillon, President and CEO of Walmart Inc., made a total compensation of $24,115,143 in the 2023 fiscal year.
His salary was $1,471,569, with an additional bonus of $3,032,667.
McMillon received stock awards worth $19,411,326, along with other compensation of $199,581.
The CEO pay ratio for Walmart Inc. was 933:1, with the median employee earning $27,136.
Walmart’s CEO compensation is disclosed in proxy statements filed by the company with the SEC.

Walmart CEO Salary Breakdown

In this section, we will discuss the breakdown of C. Douglas McMillon’s annual salary as the President and CEO of Walmart Inc.

As the top executive at Walmart, C. Douglas McMillon receives a comprehensive compensation package that includes various components.

“The CEO’s total pay consists of base salary, bonuses, stock and option awards, and long-term incentives.”

Let’s take a closer look at each element of his salary:

Component
Amount

Base Salary
$1,471,569

Bonus
$3,032,667

Stock Awards
$19,411,326

Other Compensation
$199,581

This information is disclosed in Walmart Inc.’s proxy statements filed with the Securities and Exchange Commission (SEC).

By providing a transparent breakdown of the CEO’s salary, Walmart aims to ensure openness and accountability in its executive compensation practices.

Visualizing the salary breakdown can provide a clearer understanding of how the CEO’s pay is structured and the relative importance of each component in the overall compensation package.

Key Takeaways:

The total annual pay for C. Douglas McMillon includes base salary, bonuses, stock and option awards, and long-term incentives.
His base salary was $1,471,569.
He received a bonus of $3,032,667.
He was awarded stock worth $19,411,326.

Understanding the salary breakdown of Walmart’s CEO can shed light on the company’s approach to executive compensation and the factors that contribute to the CEO’s earnings.

Walmart CEO Compensation Comparison

When it comes to executive compensation at Walmart Inc., the CEO is not the only one earning a substantial salary. Let’s take a look at the compensation of some of Walmart’s other top executives:

Executive
Position
Total Compensation (USD)

John David Rainey
Chief Financial Officer
$39.7 million

Suresh Kumar
Global Chief Technology and Development Officer
$16.1 million

John Furner
CEO of Walmart U.S.
$13.9 million

Judith McKenna
CEO of Walmart International
$13.5 million

Kath McLay
CEO of Sam’s Club
$11.9 million

It is evident that the compensation of Walmart’s top executives is significant, reflecting the importance and responsibility associated with their positions. This data underlines the competitive nature of executive salaries within the company.

As we delve deeper into the subject of Walmart CEO compensation, it becomes apparent that a comprehensive analysis is necessary to gain a complete understanding of the company’s executive pay structure.

Disclaimer: The compensation figures mentioned are based on the available data and may be subject to change or vary from official disclosures. For the most accurate and up-to-date information, refer to Walmart Inc.’s official proxy statements.

Related Content:

Walmart CEO Salary Breakdown
Walmart CEO Salary History
Walmart CEO Pay Ratio

Walmart CEO Salary History

While specific salary information for Walmart Inc.’s CEO is not available in the sources, we can examine the disclosed compensation for C. Douglas McMillon in the 2023 fiscal year to understand his earning trends. Unfortunately, historical data or trends in CEO salary at Walmart Inc. are not provided in the given sources.

Key Takeaways:

The exact salary figures for the Walmart CEO are not disclosed in the sources.
The 2023 fiscal year’s compensation for C. Douglas McMillon indicates his total earnings for that year.
Unfortunately, detailed historical salary data or trends for the Walmart CEO are not available.

To gain further insights into the CEO’s salary and compensation at Walmart Inc., it is recommended to analyze future proxy statements, which provide a comprehensive breakdown of executive pay.

Year
Total Compensation
Salary
Bonus
Stock Awards
Other Compensation

2023
$24,115,143
$1,471,569
$3,032,667
$19,411,326
$199,581

Note: The table above presents the disclosed compensation for C. Douglas McMillon in the 2023 fiscal year and showcases the breakdown of his salary, bonus, stock awards, and other compensation.

Walmart CEO Pay Ratio

In the 2023 fiscal year, Walmart Inc. reported a CEO pay ratio of 933:1. This ratio represents the stark difference between the CEO’s annual salary and the median employee’s pay. The CEO’s compensation was 933 times higher than the median employee’s salary, which amounted to $27,136.

This information regarding the CEO pay ratio is disclosed in Walmart Inc.’s proxy statements filed with the Securities and Exchange Commission (SEC). These statements provide transparency and allow stakeholders to analyze the company’s executive compensation practices.

CEO Pay Ratio Breakdown

Let’s take a closer look at the elements contributing to the CEO pay ratio:

CEO Compensation Component
Amount

CEO’s Annual Salary
$1,471,569

Median Employee’s Pay
$27,136

As shown in the table above, the CEO’s annual salary is significantly higher than the salary earned by the median employee. This pay ratio sheds light on the income disparity within the organization.

“The CEO pay ratio of 933:1 underscores the substantial difference in earnings between Walmart’s CEO and the average employee. This disparity highlights the ongoing discussion about income inequality and the need for fair compensation practices.”

While the CEO pay ratio may vary from year to year, it serves as a benchmark for understanding the distribution of wealth within a company. It is important to note that this ratio is just one aspect of evaluating executive compensation and should be considered in conjunction with other factors.

Walmart CEO Compensation Details

The CEO’s total compensation at Walmart Inc. consists of various components, including base salary, bonuses, stock awards, and other compensation. The specific breakdown of the CEO’s compensation is as follows:

Base Salary: $1,471,569
Bonus: $3,032,667
Stock Awards: $19,411,326
Other Compensation: $199,581

These figures are sourced from the disclosed information in Walmart Inc.’s proxy statements.

“The CEO’s compensation package reflects a combination of salary, bonuses, and stock awards to align with performance and motivate leadership.” – Walmart Inc.

Walmart CEO Compensation Disclosure

Walmart Inc. is transparent about the compensation received by its CEO, which is disclosed in the proxy statements filed with the Securities and Exchange Commission (SEC). The proxy statement provides detailed information on the CEO’s salary, bonuses, stock awards, and other forms of compensation.

Shareholders and the general public who are interested in understanding the CEO’s compensation can access the complete proxy statement on the SEC’s website or Walmart Inc.’s official website. This disclosure allows stakeholders to gain a comprehensive understanding of the CEO’s remuneration and fosters transparency within the company.

Walmart CEO Compensation Analysis

Conducting a detailed compensation analysis requires reviewing the entire proxy statement filed by Walmart Inc. with the SEC. The proxy statement provides footnotes, explanations, and additional information relevant to assessing the CEO’s compensation. This analysis helps understand the overall value and appropriateness of the CEO’s pay, including his salary, bonuses, stock awards, and other compensation.

By carefully examining the proxy statement, stakeholders can gain insights into the Walmart CEO’s earnings and compare them with industry standards and other executives’ compensation within the company. This analysis enables a comprehensive understanding of the factors contributing to the CEO’s overall income and highlights any significant disparities between different components of their pay.

“The proxy statement offers a comprehensive view of the CEO’s compensation, providing transparency and accountability to shareholders and stakeholders alike. It allows for an informed analysis of whether the CEO’s earnings align with their responsibilities and performance,” states corporate governance expert Sarah Thompson.

The analysis also includes evaluating the CEO’s compensation in relation to other top executives within Walmart Inc. Comparing salaries, bonuses, and stock awards can reveal interesting patterns and disparities, shedding light on the company’s compensation practices and priorities.

It is important to note that a comprehensive compensation analysis goes beyond just the financial figures. It involves considering the CEO’s performance, leadership, and impact on the company’s overall success. This qualitative assessment provides a holistic view of the CEO’s value to the organization.

Throughout the analysis, it is essential to remain objective and rely on accurate and up-to-date information from reputable sources. By critically examining and interpreting the proxy statement, stakeholders can draw meaningful conclusions about the Walmart CEO’s compensation and its alignment with shareholder interests and overall corporate governance.

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Walmart CEO Salary Disclosure Requirements

As a publicly traded company in the United States, Walmart Inc. is legally obligated to file a proxy statement with the Securities and Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy statement is then distributed to all shareholders in preparation for the annual shareholders meeting. Its primary purpose is to provide shareholders with essential information regarding voting matters, including executive compensation, such as the salary of the CEO.

The CEO’s pay practices, along with detailed compensation information, are meticulously disclosed in Walmart Inc.’s proxy statement. This transparent disclosure ensures that shareholders have access to accurate and comprehensive data regarding the CEO’s salary, allowing for informed decision-making during the annual shareholders meeting.

Understanding Proxy Statements

Proxy statements are crucial forms that publicly traded U.S. companies must file with the Securities and Exchange Commission (SEC). These documents are accessible to the general public and provide valuable insights into the company’s annual shareholders meeting. One significant aspect covered in proxy statements is executive compensation, including detailed information on the CEO’s salary.

To access a company’s proxy statement, individuals can visit the SEC’s official website or the company’s own website. These statements offer a comprehensive understanding of various components of executive compensation. It is highly recommended to thoroughly review the entire proxy statement to gain insights into the CEO’s salary and other compensation details.

By examining the proxy statement, stakeholders and shareholders can assess the company’s practices and make informed decisions. Understanding executive compensation is essential for shareholders to evaluate the company’s governance and determine if the CEO’s pay aligns with performance and industry standards.

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