Walmart CEO Doug McMillon saw stock awards push his compensation for 2023 to $27 million.
McMillon’s total compensation rose 6.6 percent to $27 million last year from $25.3 million the year before, according to the company’s proxy filing with the Securities and Exchange Commission on Thursday.
The second-biggest portion of the CEO’s pay came from $4.5 million in incentive pay — the maximum McMillon was eligible for last year. McMillon is routinely among the highest paid CEOs in retail, but he is also running a company that is orders of magnitude bigger than most of the other players in the industry.
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