Walmart Inc. Executive Salaries & Other Compensation | Salary.com (2024)

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Walmart Inc.

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For its 2023 fiscal year, Walmart Inc., listed the following executives on its annual proxy statement to the SEC

Fiscal Year Ended in 2023

Name And Title Total Compensation Pay Rank By Title In Retail & Wholesale industry
C. Douglas McMillon
President and CEO
Total Compensation $24,115,143 View details Pay Rank By Title In Retail & Wholesale industry #1 View more
M. Brett Biggs
Chief Financial Officer
Total Compensation $1,749,219 View details Pay Rank By Title In Retail & Wholesale industry #121 View more
John Furner
President and CEO, Walmart U.S.
Total Compensation $13,869,897 View details Pay Rank By Title In Retail & Wholesale industry #20 View more
Judith McKenna
President and CEO, Walmart International
Total Compensation $13,526,160 View details Pay Rank By Title In Retail & Wholesale industry #22 View more
Kathryn McLay
President and CEO, Sam's Club
Total Compensation $11,934,475 View details Pay Rank By Title In Retail & Wholesale industry #34 View more
Suresh Kumar
Global Chief Technology and Development Officer
Total Compensation $16,107,812 View details Pay Rank By Title In Retail & Wholesale industry #1 View more
John David Rainey
Chief Financial Officer
Total Compensation $39,725,601 View details Pay Rank By Title In Retail & Wholesale industry #1 View more

The charts on this page feature a breakdown of the total annual pay for the top executives at Walmart Inc. as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Walmart Inc. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Walmart Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
C. Douglas McMillon
President and CEO
Total Cash $4,504,236 Equity $19,411,326 Other $199,581 Total Compensation $24,115,143
M. Brett Biggs
Chief Financial Officer
Total Cash $1,449,896 Equity $0 Other $299,323 Total Compensation $1,749,219
John Furner
President and CEO, Walmart U.S.
Total Cash $2,818,619 Equity $10,692,394 Other $358,884 Total Compensation $13,869,897
Judith McKenna
President and CEO, Walmart International
Total Cash $3,455,762 Equity $9,716,056 Other $354,342 Total Compensation $13,526,160
Kathryn McLay
President and CEO, Sam's Club
Total Cash $2,856,672 Equity $8,742,164 Other $335,639 Total Compensation $11,934,475
Suresh Kumar
Global Chief Technology and Development Officer
Total Cash $2,791,320 Equity $13,130,922 Other $185,570 Total Compensation $16,107,812
John David Rainey
Chief Financial Officer
Total Cash $6,599,181 Equity $32,651,678 Other $474,742 Total Compensation $39,725,601

CEO Pay Ratio

For its 2023 fiscal year, Walmart Inc., listed the following CEO pay ratio data on its annual proxy statement to the SEC.

CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
C. Douglas McMillon CEO Pay $25,306,714 Median Employee Pay $27,136 CEO Pay Ratio 933:1

Board of Directors in Walmart Inc.

For its 2023 fiscal year, Walmart Inc., listed the following board members on its annual proxy statement to the SEC.

Name Total COMPENSATION
Carla A. Harris Total Cash $311,845
Cesar Conde Total Cash $300,063
Gregory B. Penner Total Cash $525,170
Marissa A. Mayer Total Cash $300,114
Randall L. Stephenson Total Cash $300,299
S. Robson Walton Total Cash $300,063
Sarah J. Friar Total Cash $320,046
Steuart L. Walton Total Cash $320,046
Steven S Reinemund Total Cash $50,440
Thomas W. Horton Total Cash $364,172
Timothy P. Flynn Total Cash $329,735

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This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

Use of Data / Disclaimer

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

What is a proxy statement?

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.

Walmart Inc. Executive Salaries & Other Compensation | Salary.com (2024)
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