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.
Top Posts & Pages
- MSU reminding fans that drones are prohibited at football games
- Former DPS employees sentenced for selling bogus driver's licenses
- Politics of paying for transportation: Hand wringing and a lot of talk
- Researchers: Trapping, not hunting, best way to control wild hogs
- DeSoto County Supervisor Lee dies in ATV accident on his birthday
- Research on dogs could lead to better understanding of human cancer
- Keesler Medical Center set to begin $74M renovation project
- ONE MORE YEAR: Leaders want year more of study on comprehensive road, bridge upkeep
- Community college dedicating new welding technology center