Politics

Wal-Mart CEO receives $22 million bonus.

CREDIT:

Wal-Mart Stores Inc. has awarded CEO H. Lee Scott a stock bonus worth $22 million for reaching revenue targets in fiscal year 2007. Wake-Up Wal-Mart notes, “In 2006, Wal-Mart tallied its worst same-store sales growth in 27 years. The company’s stock price has remained stagnant for years. And, public opinion has taken a serious turn for the worse. … Given all that, the company’s board rewards Scott with a $22 million bonus?”