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That year the top 200 executives earned a total of $3 billion in compensation. [33] The median cash compensation was $5.3 million, the median stock and option grants were $9 million. [33] In 2018, the highest-paid CEO in the US was Elon Musk of Tesla, Inc. Musk earned a total of $2.3 billion in compensation.
Doug McMillon. Carl Douglas McMillon (born October 17, 1966) is an American businessman, and the president and chief executive officer (CEO) of Walmart Inc. [1] He sits on the retailer's board of directors. Having first joined the company as a summer associate in high school, he became the company's fifth CEO in 2014.
Walmart's CEO went from earning $6.50 an hour to $25 ... trailers for $6.50 an hour to becoming the company’s youngest CEO since its founder Sam Walton—with a $25 million salary to ...
That same year, he was elected to the Walmart board of directors. In August 2002, he was also given the title of CEO for Sam's Club USA. The following April, he became executive vice president and vice chairman of Wal-Mart Stores, Inc. [citation needed] On December 6, 2004, Walmart announced that Coughlin would retire effective January 24, 2005.
By comparison, Walmart CEO Michael Duke -- who brings home $35 million per year -- makes more in an hour than an average new Walmart employee makes in a year. One effect of this income disparity ...
Workers at America's largest private employer will soon be getting raises. Walmart announced last week that the average salary for store managers will go from $117,000 to $128,000 a year — a 9.4 ...
From 2016 to 2021, he was the President and CEO of Walmart U.S. eCommerce. Lore was appointed in September 2016 to lead Walmart's e-commerce division when his company Jet.com —an e-commerce website launched in 2014—was acquired by Walmart, Inc. Walmart purchased Jet for $3.3 billion.
Walmart ( WMT) wowed Wall Street yet again, causing the stock to jump as much as 7% in early trading Thursday. For its fiscal 2025 Q1, America's biggest retailer posted revenue of $161.51 billion ...