Compensation Down For Wal-Mart CEO

Michael Duke, president and chief executive officer of Wal-Mart Stores, received about $9 million less in total compensation for the recently ended fiscal year, or about 32% less than a year ago, largely because of a lower stock award.

BENTONVILLE, Ark. — Michael Duke, president and chief executive officer of Wal-Mart Stores here, received about $9 million less in total compensation for the recently ended fiscal year, or about 32% less than a year ago, largely because of a lower stock award.

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