Wal-Mart CEO made nearly $20M in FY10
NEW YORK — An Associated Press analysis shows Wal-Mart Stores Inc. CEO Mike Duke received compensation valued at $19.2 million in fiscal 2010.
That’s 34 percent less than in fiscal 2009, when he got a hefty stock award ahead of his promotion to CEO.
Duke’s base salary was $1.2 million, he got a performance-based bonus of $4.8 million and his stock awards were worth $12.7 million when they were granted, according to a company filing. He also got $193,808 in above-market interest on deferred compensation and perks worth $318,218.
The AP calculation aims to isolate the value company boards place on CEOs’ total compensation package. It includes salary, bonus, incentives, perks and the estimated value of stock options and awards.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Mississippi no longer has highest unemployment rate in nation
- McDaniel cites Gunn's challenge in his attempt to overturn loss to Cochran
- Payday lender, fired executive exchanging blame for lender’s regulatory woes
- Outside group files arguments supporting McDaniel
- Grain buyer’s bankruptcy could take steep toll on Delta farmers
- Mad Genius, Eyevox owner acquires Mississippi Film Studios
- Court rules board can discipline West Virginia radiologist
- Once the bane of only Southerners, kudzu is migrating north and west
- MDEQ fines metalworking firm over hazardous waste