Tagged: mike duke

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

by Mark Friedman 4/23/2014 04:34 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 07:37 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'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.

'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.

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

by Lance Turner 5/16/2013 07:08 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 04:58 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 03:29 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.

Comparisons to Peer Groups Hike CEO Pay

by Mark Friedman 10/15/2012 12:00 am

The practice known as peer group compensation benchmarking is the reason CEO pay has climbed to stratospheric levels in the last two decades, according to a recent study.

Warren Stephens: Inside the Wal-Mart Culture

by Gwen Moritz 7/2/2012 12:00 am

Wal-Mart's corporate culture has kept alive Sam Walton's style of frugality.

Wal-Mart's Future: World's Largest Retailer Marches Toward $500 Billion in Annual Sales

by Mark Friedman 7/2/2012 12:00 am

The future looks bright for continued sales growth for the retail chain, which has more than 4,400 stores in the Unites States and more than 5,600 locations scattered across 26 countries.

After Sam: Did Wal-Mart Lose Its Way After Walton Died?

by Mark Friedman 7/2/2012 12:00 am

Some put the blame of stagnant domestic same-store sales on Wal-Mart's management team, saying it has drifted away from Walton's essential philosophy of offering the lowest price.

Sustainability Efforts Mean Big Environmental Impact at Wal-Mart

by Todd Traub 7/2/2012 12:00 am

In 2005 Wal-Mart launched its sustainability program, designed to encourage corporate environmental responsibility. In attempting to take leadership on the issue and drive the global conversation, Wal-Mart established three broad goals: to be supplied 100 percent by renewable energy, create zero waste and to sell products that sustain people and the environment.