Walmart CEO Doug McMillon's total pay was nearly $24 million last year - News Summed Up

Walmart CEO Doug McMillon's total pay was nearly $24 million last year


New York (CNN Business) Walmart CEO Doug McMillon's total compensation reached nearly $24 million during the last year as the company continued to hold its ground against Amazon and other rival retailers. That's about 3.5% more than McMillon's total compensation in the prior fiscal year. It's also 1,076 times more than what Walmart's median worker made. Workers got a raise, too: The median worker made nearly $22,000 last year, a 14.5% increase. That means the ratio between McMillon's pay and the median Walmart worker was actually about 9% smaller than a year prior.


Source: CNN April 23, 2019 23:13 UTC



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