Thursday, April 25, 2013

Wal-Mart CEO Mike Duke in 2012 paid $20.7 million

Wal-Mart CEO Mike Duke in 2012 paid $20.7 million
April 22, 2013

NEW YORK The compensation of Wal-Mart Stores (WMT) CEO Mike Duke increased 14 percent to $20.7 million in 2012, mainly because his performance-based cash bonus swelled, according to an Associated Press review of the retailer's regulatory filing.

Duke received a base salary of $1.3 million, up 4 percent from the year-ago period. His stock awards of $13.6 million rose 4 percent from the previous year. But Duke's performance-based cash bonus rose to $4.4 million in 2012, up from $2.9 million in the previous fiscal year.

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The AP calculation is based on a regulatory filing...

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