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Walmart's CEO made almost 1,000 times the median employee last year [Business Insider]
Last costco wholesale corporation earnings: 3/5 04:15 pm
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The median compensation for associates was $27,642, according to Walmart's annual proxy statement. Since 2009, McMillon has received a combined $136 million for his work as a Walmart executive. The CEO of the world's largest company just had another very good year. Walmart's Doug McMillon received total compensation last year of more than $26.9 million, up $1.6 million from the year before , according to the company's annual proxy statement filed Thursday with the SEC. The pay package consisted of $1.5 million in base salary, $19.6 million in stock awards, and $5.8 million in other compensation. It's a sizable increase from his first wage job unloading trucks for the retailer earning $6.50 an hour in 1984, which would be about in today's dollars. The 57-year-old Arkansas native is now in charge of 2.1 million workers across more than 10,000 retail stores around the globe, and annual sales of $648 billion — that's more people and higher sales than any other private employe
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