By Nandita Bose/Reuters
Wal-Mart Stores Inc.’s chief executive officer received a 13 percent increase in total compensation to $22.4 million in the fiscal year ended Jan. 31, according to a regulatory filing on Thursday, as sales growth at the world’s largest retailer remained robust.
CEO Doug McMillon’s compensation, which included cash and stock, compared with $19.8 million the previous year, according to the filing with the U.S. Securities and Exchange Commission.
McMillon took over the top job at Wal-Mart in February 2014.
Posted on April 21, 2017