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    HomeNewsWorldWal-Mart CEO's pay jumps 14.1 percent to USD 20.7 million

    Wal-Mart CEO's pay jumps 14.1 percent to USD 20.7 million

    Wal-Mart Stores Inc Chief Executive Mike Duke earned $20.7 million last year, up from $18.1 million a year earlier, as the world's largest retailer grew despite a sluggish U.S. economy and concerns over alleged international bribery.

    April 23, 2013 / 09:38 IST

    Wal-Mart Stores Inc Chief Executive Mike Duke earned USD 20.7 million last year, up from USD 18.1 million a year earlier, as the world's largest retailer grew despite a sluggish U.S. economy and concerns over alleged international bribery.


    Duke's cash incentive payment in fiscal 2013 was nearly USD 4.4 million, up from nearly USD 2.9 million a year earlier.

    Wal-Mart's total sales rose 5 percent to USD 466.11 billion in the fiscal year that ended in January. Sales at Walmart US the company's largest unit, rose 3.9 percent to USD 264.19 billion.

    first published: Apr 23, 2013 08:45 am

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