The debate over CEO pay is decades long. Boards believe their chief executive officers have skills that cannot be replaced. Shareholders and workers believe that annual compensation, which can go into the tens or hundreds of millions of dollars, can never be justified, mainly if the company’s workers are paid very little.
…Based on 2022 data provided so far for S&P 500 companies, according to AI-driven SEC data company MyLogIQ, Walmart CEO Doug McMillion makes 933 times what the median employee at the company does. He makes $25,306,414, while the median pay for a Walmart worker is $27,136. The Walmart calculation is based on 2,122,790 employees.
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