Walmart CEO Doug McMillon's Final Year Compensation Highlights Executive Pay Disparity
4 hours agoBusiness
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Walmart CEO Doug McMillon's Final Year Compensation Highlights Executive Pay Disparity

Outgoing Walmart CEO Doug McMillon earned approximately $27.5 million (Rs 248 crore) in his final year, translating to about Rs 1.45 lakh every 30 minutes. His compensation included base salary, stock awards, and incentive pay. McMillon, who started as an hourly worker, led Walmart to revenues of $905 billion. This pay package highlights a significant disparity compared to average American worker earnings and housing costs, and is not unique among top CEOs like Tim Cook and Elon Musk.

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