CEO · WMT
Doug McMillon
CEO$Executive Intelligence

Doug McMillon

President & CEO · Walmart WMT
$27.4M
FY2024 total compensation
Filed · DEF 14A

The CEO who joined Walmart as a teenage summer worker and rose to run the world's largest retailer by revenue.

CEO since2014
Born1966
Pay rank#33 of 50 tracked
Share Doug McMillon's pay$27.4M in FY2024 — free, straight from the SEC proxy.

Pay vs performance

what happened while he earned it
CEO compensation$27.4M
Stock · since 2024+66.8%
S&P 500 · since 2024+38.4%
Revenue · YoY+4.7%
EPS · YoY+13.3%
CEO tenure12 yrs

No score, no opinion. Compensation is filed; stock and S&P are market returns over the window shown; revenue and EPS are latest reported vs the prior year. You decide.

Why this pay?

  • The majority is performance stock, with a base salary and a large annual cash incentive tied to Walmart's results.
  • Pay tracks Walmart's share performance, which reached record highs in the period.

Worth knowing

Walmart has paid a dividend since 1974 and raised it every single year since — roughly half a century of consecutive increases.

Source: Company filings · More facts →

Quick facts

CEO since2014
PreviouslyWalmart International
Largest pay componentStock & options · 74%
Pay rank (tracked)#33 of 50
EducationUniversity of Arkansas (BS); University of Tulsa (MBA)

Compensation breakdown

DEF 14A
total · FY2024$27,400,000
Salary$1,500,000
Cash incentive$5,500,000
Stock awards$20,400,000
Total$27,400,000

Fiscal year ended January 2024; mostly performance share units. Source: Walmart 2024 Proxy (FY2024)

Compensation history

salary + cash vs stock, from the proxies
$27.4MFY2024
Stock & optionsSalary & cashOther· prior years n/a

Related intelligence

every filing on Walmart, one hop away

Career

2014-presentPresident & CEO · Walmart
2009-2014President & CEO · Walmart International

Compare pay with

Every figure ties to a filing. Compensation is the total from Walmart's Summary Compensation Table for FY2024(grant-date values, which can differ from what an executive realizes when awards vest). We publish what the filings say, and we don't grade people. Photo: Shane Bevel / CC BY 3.0 / Wikimedia Commons.