"McMillon, who has been leading the $905 billion grocery chain giant since 2011, enjoys around $27.5 million in total compensation. He's set to retire at the end of this month, and is bowing out on a monetary high; in his final year as CEO, McMillon took home a $1.5 million salary, while also receiving $20.4 million in stock awards and $4.4 million in non-equity incentive plan compensation."
"It's a far cry from the pay of his first Walmart job. The outgoing CEO started working in the business' warehouses in the summer of 1984, unloading trailers for just $6.50 an hour. That's 481 times lower than the average $3,127 he earns every hour of the day as CEO. Even within one minute he blows that figure out of the water, reeling in around $52 in 60 seconds."
"Now, it takes less than 20 hours for the Walmart CEO to outearn the average U.S. worker who takes home about $62,088 a year, according to 2025 first quarter wage data from the BLS. And while it could take decades for Americans to pool up savings for a house, McMillon can afford it within one workweek. It only takes 5.85 days for the chief executive to reel in $439,000, the median price of a U.S. home, according to a CEO salary tool from Resume.ai."
Doug McMillon led Walmart since 2011 and received around $27.5 million in total compensation in his final year. He will retire at the end of the month after taking a $1.5 million salary, $20.4 million in stock awards, and $4.4 million in non-equity incentive plan compensation. McMillon began at Walmart unloading trailers in 1984 for $6.50 an hour, a rate 481 times lower than his current $3,127 hourly earnings as CEO. He earns about $52 per minute and nearly $1 per second, can outearn the average U.S. worker in less than 20 hours, and can earn the median U.S. home price in roughly 5.85 days. Other CEOs are receiving record compensation, including Elon Musk's $1 trillion Tesla pay package and Tim Cook's $74.6 million in 2024.
Read at Fortune
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