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
- Hood clarifies opinion on open-carry gun law
- IKE TROTTER: There are primary changes in Social Security for 2014
- Expert on airlines predicts Jackson-Evers will keep remaining carriers
- C Spire launches next phase of 1-gig service rollout
- Court to hear case involving alligators and ExxonMobil
- MAN OF STEEL: Madhu Ranade leading Severstal Columbus
- Alcorn's finances being investigated; CFO resigns
- Officials hand mayor projects list totaling $57.7M
- Town given Obamacare insurance break, but faces additional costs in 2015
- Public meeting called to mull future of convention center