Wal-Mart Stores CEO C McMillon's 2019 pay rises 4% to $24M
Wal-Mart Stores reports 2019 executive compensation
By ExecPay News
Published: April 23, 2019
Wal-Mart Stores reported fiscal year 2019 executive compensation information on April 23, 2019.
In 2019, five executives at Wal-Mart Stores received on average a compensation package of $14M, a 6% increase compared to previous year.
Average pay of disclosed executives at Wal-Mart Stores
C. Douglas McMillon, Chief Executive Officer, received $24M in total, which increased by 4% compared to 2018. 66% of McMillon's compensation, or $16M, was in stock awards. McMillon also received $1.1M of change in pension value and nonqualified deferred compensation earnings, $5.1M in non-equity incentive plan, $1.3M in salary, as well as $570K in other compensation.
Gregory S. Foran, Executive Vice President, received a compensation package of $13M, which increased by 22% compared to previous year. 65% of the compensation package, or $8.8M, was in stock awards.
Judith McKenna, Executive Vice President, earned $13M in 2019.
M. Brett Biggs, Chief Financial Officer, received $9.4M in 2019, which increases by 24% compared to 2018.
John R. Furner, Executive Vice President, earned $9.3M in 2019, a 28% decrease compared to previous year.
Wal-Mart Stores' fiscal year ends on January 31.
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Source: SEC filing on April 23, 2019.