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.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Judge to hear from True the Vote as McDaniel attempts to overturn loss to Cochran
- DAVID DALLAS: Mr. McDaniel goes to Washington
- Under state probe, All American Check Cashing gets ‘F’ rating from Better Business Bureau
- Walker sentenced to 18 months for fraud, conspiracy
- Three indicted, alleged to have embezzled from agency
- Weyerhaeuser investing $57M to modernize lumber mill
- Manning family establishes health care initiative at UMMC
- Google chooses Mad Genius as example of Internet use
- Communities awarded national Main Street accreditation