Tumblr Icon RSS Icon

Wal-Mart CEO receives $22 million bonus.

By Amanda Terkel  

"Wal-Mart CEO receives $22 million bonus."

Share:

google plus icon

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?”

‹ Leahy On Halliburton Move: ‘This Is An Insult To The U.S. Soldiers And Taxpayers’

BREAKING: Kiley Resigns ›

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.