Business

Wal-Mart CEO pay rises 13 percent to $22.4 million: filing

Wal-Mart CEO pay rises 13 percent to $22.4 million: filing
President and CEO of Walmart Doug McMillon takes part in a strategic and policy CEO discussion with U.S. President Donald Trump in the Eisenhower Execution Office Building in Washington. Photo: Reuters
Published: 5:15 AM, April 21, 2017

CHICAGO - Wal-Mart Stores Inc <WMT.N> Chief Executive Doug McMillon's pay rose 13 percent to $22.4 million in the fiscal year ended Jan. 31, according to a regulatory filing on Thursday.

The total compensation, which included cash and stock, compared with $19.8 million he made the previous year, according to the filing to the U.S. Securities and Exchange Commission.

McMillon, took over the top job at Wal-Mart in February 2014. REUTERS