Tagged: mike duke

Arkansas Executive Use of Company Jets Rises in 2013

by Mark Friedman 9/8/2014 12:00 am

Top executives at nine of Arkansas’ public companies valued their personal flights on company jets at a total of $2.4 million for 2013, according to proxy statements filed with the U.S. Securities & Exchange Commission and compiled by Arkansas Business.

Wal-Mart Fires Back at ISS, Which Criticized Its Board

by Associated Press 5/29/2014 2:06 pm

Wal-Mart, the world's largest retailer, fired back at a prominent proxy advisory firm that critiqued the company's executive pay plan and how it's handled an overseas bribery probe.

Wal-Mart CEO Doug McMillon Gets $25.6M Pay Package

by Mark Friedman 4/23/2014 4:34 pm

C. Douglas McMillon, who became the president and CEO of Wal-Mart Stores Inc. of Bentonville on Feb. 1, saw his total compensation skyrocket 168 percent to $25.6 million for the fiscal year that ended Jan. 31 as compared with the previous year.

Former Wal-Mart Chief Mike Duke Gets Parting Gift of Painting from Successor

by Arkansas Business Staff 1/27/2014 12:00 am

Brendan O’Connell shares with us that Doug McMillon, president and CEO of Wal-Mart Stores Inc. of Bentonville, gave an O’Connell artwork to his predecessor as head honcho, Mike Duke.

Wal-Mart Board Elects Doug McMillon to Succeed Mike Duke As Company CEO

by Lance Turner 11/25/2013 7:37 am

Doug McMillon, who unloaded trucks at a Wal-Mart distribution center for hourly pay while working his way through college, will be the next CEO of the world's largest retailer.

Wal-Mart CEO Mike Duke: US Economy Tough, Unpredictable

by Associated Press 10/15/2013 2:26 pm

Wal-Mart Stores Inc. says it plans to accelerate growth of its small stores by linking them to its supercenters, which will serve as mini-warehouses for their smaller cousins. The plans come as Wal-Mart aims to cut costs and respond to shoppers' demands for convenience as it faces more competition.

At Summit, Wal-Mart Pushes 'Made in America'

by Associated Press 8/23/2013 10:58 am

Wal-Mart Stores Inc. spearheaded an effort Thursday to bring together retailers, suppliers and government officials so they can figure out how to bring more manufacturing jobs to the United States.

Wal-Mart's Mike Duke Tops in Pay, Dillards Rule in Stock Options

by Gwen Moritz 7/22/2013 12:00 am

Mike Duke is the No. 1 guy at the No. 1 company in the world, so it would be a surprise if he weren’t No. 1 on Arkansas Business’ list of the state’s highest-paid public company executives.

Wal-Mart's Proxy Vote Shows Dissent Against Executives

by Associated Press 6/10/2013 11:04 am

Wal-Mart's final shareholder vote for its board of directors is showing dissent against key executives and directors, including its CEO Mike Duke, as the company deals with the fallout from overseas bribery allegations.

'Integrity,' 'Compliance' Take Center Stage At Wal-Mart Annual Meeting

by Chris Bahn 6/7/2013 11:38 am

Once again there were multiple celebrities on hand to help Wal-Mart celebrate its annual shareholders meeting. But the themes of integrity and compliance took center stage on Friday at Bud Walton Arena.

Mike Duke Among Top 50 Highest-Paid CEOs As Ranked by AP

by Associated Press 5/23/2013 11:34 am

Mike Duke, CEO of Wal-Mart Stores Inc. of Bentonville, is ranked among The Associated Press' 50 highest-paid CEOs of 2012, as calculated by executive pay research firm Equilar. He is the only CEO of an Arkansas-based public company to rank in the top 50.

Wal-Mart 1Q Sales Down 1.4 Percent But Profit Up; Mike Duke Cites 'Considerable Headwinds'

by Lance Turner 5/16/2013 7:08 am

Wal-Mart Stores Inc. of Bentonville reports a first-quarter same-store sales decline of 1.4 percent and earnings that narrowly miss analysts' expectations as its CEO cites "considerable headwinds" to top line sales.

Wal-Mart CEO Mike Duke Earned $21 Million Last Year

by Mark Friedman 4/22/2013 4:58 pm

Michael T. Duke saw his total compensation increase 14.1 percent to $20.7 million for the fiscal year that ended Jan. 31, plus he exercised options worth $7.1 million.

Arkansas Business: The Best & Worst News of 2012

by Arkansas Business Staff 12/24/2012 12:00 am

There was good news and there was bad news in Arkansas in 2012. And in case you’ve forgotten the details, the Arkansas Business staff is here to remind you.

Bloomberg Businessweek Puts OUR Wal-Mart on Its Latest Cover

by Lance Turner 12/13/2012 11:03 am

Bloomberg Businessweek magazine takes a look at OUR Wal-Mart, a group of employees that staged Black Friday demonstrations against the world's largest retailer and its labor practices.

Wal-Mart CEO Mike Duke on 'Fiscal Cliff,' Bribery Charges, Sustainability

by Lance Turner 12/12/2012 10:27 am

Wal-Mart Stores Inc. CEO Mike Duke speaks at a Council of Foreign Relations event in New York City and says his customers are wieghed down by the fast-approaching "fiscal cliff."

Report: Wal-Mart Quiet That It Might Close 100 Stores in China

by Lance Turner 11/27/2012 3:29 pm

Amid a slowdown in its Chinese operations, Wal-Mart Stores Inc. of Bentonville wouldn't respond to questions about whether it might close 100 underperforming stores in that country.

Stocks of Retail Companies Soar in Arkansas

by Mark Friedman 10/29/2012 12:00 am

Both of Arkansas' publicly traded retailers saw their stock prices surge in 2012.

Today in Wal-Mart: 100 New Stores and A Green Push in China

by Lance Turner 10/26/2012 10:08 am

Wal-Mart Stores Inc. signals slow growth in China while pushing its operations there into greener territory.

Wal-Mart Waits While Other Brick-and-Mortar Retailers Match Online Prices

by Lance Turner 10/18/2012 12:57 pm

This holiday season, Best Buy and Target Corp. plan to price-match their rivals, including online competitors like Amazon. But Wal-Mart Stores Inc. still hasn't decided what it will do.