CEO: Mike Duke
Average hourly worker wage: $8.86
CEO’s hourly compensation: $6,898 (779 times the average worker wage)
Overtime to CEO pay: 2.28 months
Mr. Duke will retire in February and be succeeded by longtime Walmart executive Doug McMillon.
The world’s largest retailer has had a year rife with bad news and controversy. Earnings forecasts and supply orders were cut; profits shrank several quarters in a row. The company has been a lightning rod for fair wage advocates, who have pointed out that many of Walmart's lowest-paid employees have to supplement their income with various forms of federal aid. For the second year in a row, Walmart workers in several cities staged protests and walkouts on Black Friday, the busiest shopping day of the year.