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Walmart CEO's total compensation dips to $25.3M

Walmart Inc. President and CEO Doug McMillon has been head of Walmart since February 2014.

BENTONVILLE, Ark. — Walmart Inc. President and CEO Doug McMillon saw his total compensation fall 1.4% to $25.3 million for the fiscal year that ended Jan. 31 compared with the previous year.

McMillon, who has been head of the Bentonville-based retailer (NYSE: WMT) since February 2014, received stock awards of $19.4 million during the fiscal year, according to the company's annual proxy statement filed Thursday with the Securities & Exchange Commission.

McMillon received a $3 million bonus. His salary was $1.47 million, an increase from Walmart’s previous fiscal year.

To read more on this story, our content partner Arkansas Business has the full article here.

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