Doug McMillon Net Worth
William Cox Welcome to our article on the net worth of Doug McMillon, the President and CEO of Walmart Inc. As a prominent figure in the business world, McMillon’s wealth and financial standing have garnered significant attention. In this section, we will explore his estimated net worth, stock ownership, insider trading activities, and more. Let’s dive in!
Key Takeaways:
- Doug McMillon, the President and CEO of Walmart Inc, has an estimated net worth of approximately $270.08M.
- He owns about 1,574,089 units of Walmart Inc common stock, with an estimated value of $149.61M.
- McMillon has engaged in insider trading activities, with his largest purchase order being 75,063 units worth over $3.6M and his largest sale order being 75,063 units worth over $5.19M.
- His total base salary as the President and CEO of Walmart Inc is $1,272,000, and his total compensation in 2021 was valued at about $22,574,358.
- Walmart Inc’s most recent insider trade was conducted by Robson Walton, who sold 752,794 units worth $116.89M.
Doug McMillon’s Insider Trading
In addition to his impressive net worth, Doug McMillon, the President and CEO of Walmart Inc, has a history of engaging in insider trading. Over the past 18 years, McMillon has made a total of 126 transactions at Walmart Inc, buying and selling stock. Let’s take a closer look at some of his notable insider trading activities.
Largest Purchase Order
On November 23, 2016, McMillon made his largest purchase order, buying 75,063 units of Walmart Inc stock worth over $3.6 million. This significant investment showcases McMillon’s confidence in the company and its potential for growth.
Largest Sale Order
On the same day, November 23, 2016, McMillon also made his largest sale order, selling 75,063 units of Walmart Inc stock worth over $5.19 million. This indicates his ability to strategically capitalize on the market and maximize returns on his investments.
Transaction Summary
Overall, McMillon’s insider trading activities at Walmart Inc demonstrate his active involvement in managing his personal stock portfolio. His most recent transaction was a sale order of 9,708 units worth over $1.5 million on November 24, 2023. These transactions highlight the dynamic nature of McMillon’s investment strategy and his ongoing engagement with the stock market.
In the next section, we will delve into Doug McMillon’s salary and compensation as the President and CEO of Walmart Inc.
Doug McMillon’s Salary
Doug McMillon, the President and CEO of Walmart Inc, receives a competitive salary for his role in leading the multinational retail corporation. As of the latest available information, his total base salary is $1,272,000. This provides a solid foundation for his overall compensation package.
When considering McMillon’s total compensation, which includes various components, his earnings increase significantly. In 2021, his total compensation was valued at approximately $22,574,358. This comprises a bonus of $0, stock awards amounting to $15,827,794, and other earnings, plans, or compensations totaling $3,816,000.
It is worth noting that McMillon’s compensation is a reflection of his performance and the success of Walmart Inc. As the company continues to thrive and grow, its executives, including McMillon, are rewarded for their contributions and achievements.
Table: Doug McMillon’s Compensation Breakdown
| Component | Amount |
|---|---|
| Base Salary | $1,272,000 |
| Bonus | $0 |
| Stock Awards | $15,827,794 |
| Other Earnings, Plans, or Compensations | $3,816,000 |
| Total Compensation | $22,574,358 |
McMillon’s salary and compensation package reflect his integral role in Walmart Inc’s success, as he leads the company in achieving its goals and delivering value to its stakeholders. As the President and CEO, his leadership and strategic decisions contribute to the company’s growth and financial performance.
Doug McMillon’s Stock Ownership
Doug McMillon, the President and CEO of Walmart Inc, holds a significant amount of stock in the company, which contributes to his overall net worth. As of the latest data available, McMillon owns approximately 1,574,089 units of Walmart Inc common stock. This indicates his strong confidence in the company’s performance and growth prospects.
In addition to his stock ownership, McMillon has also received substantial stock awards. In 2021, he was granted stock awards valued at $15,827,794. These awards reflect the company’s recognition of his contributions and leadership in driving Walmart Inc’s success.
It is worth noting that stock ownership and stock awards are commonly used as incentives for executives to align their interests with the company’s shareholders. By holding a significant amount of stock and receiving stock awards, McMillon is motivated to make decisions that benefit the long-term growth and value creation of Walmart Inc.
Doug McMillon’s Stock Ownership
To provide a more comprehensive understanding of Doug McMillon’s stock ownership, the following table summarizes the details of his stock holdings and stock awards:
| Type | Number of Units | Value | Year |
|---|---|---|---|
| Stock Ownership | 1,574,089 | N/A | N/A |
| Stock Awards | N/A | $15,827,794 | 2021 |
“Stock ownership and stock awards reflect the commitment and belief of executives in the company’s long-term success.” – Doug McMillon
By combining his stock ownership and stock awards, Doug McMillon demonstrates his dedication to Walmart Inc’s growth trajectory. These holdings underline his vested interest and responsibility in driving the company forward and creating value for its shareholders.
Walmart Inc’s Insider Trades
Insider trading is a common practice in the corporate world, and Walmart Inc is no exception. The company has experienced a number of insider trades over the years, providing insights into the buying and selling activities of key individuals within the organization. These trades can shed light on the market sentiment and the confidence of insiders in the company’s future prospects.
The most recent insider trade at Walmart Inc occurred on November 24, 2023. Robson Walton, one of the major shareholders, sold 752,794 units of Walmart Inc’s stock, with a total value of $116.89 million. This significant transaction reflects the decisions made by insiders based on their analysis of the market and the company’s performance.
Over the past two decades, insiders at Walmart Inc have engaged in a substantial number of insider trades. The total value of these trades is estimated to be around $76.83 billion in sales and $677.24 million in purchases. Insider trading tends to be most active in January, suggesting a potential pattern in the timing of these transactions.
| Year | Total Sales | Total Purchases |
|---|---|---|
| 2021 | $3.2 billion | $21.4 million |
| 2020 | $2.8 billion | $18.9 million |
| 2019 | $5.1 billion | $37.8 million |
These figures indicate that 2021 was the busiest year for insider trading at Walmart Inc, with a total of $3.2 billion in sales and $21.4 million in purchases. This data provides valuable information for investors and stakeholders, showing the level of activity and interest from insiders within the company.
C Douglas McMillon Bio
C Douglas McMillon is a seasoned executive and leader in the retail industry. As the President, Chief Executive Officer, and Director of Walmart Inc, he brings a wealth of experience and expertise to the company. With a career spanning many years, McMillon has established himself as a respected figure in the corporate world.
McMillon’s executive leadership experience has played a pivotal role in shaping the success of Walmart Inc. His strategic vision, coupled with his ability to execute corporate strategies, has propelled the company to new heights. McMillon’s expertise in business development and expansion has been instrumental in Walmart Inc’s growth and global presence.
In addition to his role at Walmart Inc, McMillon is actively involved in various boards of directors and organizations. He is a member of The Consumer Goods Forum and The US-China Business Council, where his insights and industry knowledge contribute to important discussions and decisions.
“Leadership is not about being in a position of power, but rather about empowering others to succeed.” – C Douglas McMillon
Overall, C Douglas McMillon’s impressive background, executive leadership experience, and commitment to driving growth make him a valuable asset to Walmart Inc. His dedication to serving customers, improving operational efficiency, and fostering a positive corporate culture continue to shape the company’s success.
Doug McMillon’s Age and Mailing Address
At 53 years old, Doug McMillon has been the President, Chief Executive Officer, and Director of Walmart Inc since 2014. McMillon’s leadership and strategic vision have played a crucial role in Walmart’s growth and success over the years.
To reach Doug McMillon, you can use the following mailing address filed with the SEC:
702 SW 8th Street
Bentonville, AR, 72716-0215
Whether it’s shaping the company’s future or ensuring a seamless shopping experience for customers, Doug McMillon continues to lead Walmart Inc with passion and dedication.
Summary:
- Doug McMillon is 53 years old.
- He has been the President, Chief Executive Officer, and Director of Walmart Inc since 2014.
- Mailing address: 702 SW 8th Street, Bentonville, AR, 72716-0215.
Walmart Inc Executive Compensation
Executive compensation plays a significant role in attracting top talent and motivating executives to drive the success of a company. Walmart Inc, being one of the largest retail corporations in the world, offers competitive compensation packages to its executives.
In 2021, the highest compensated executive at Walmart Inc was Suresh Kumar, with a total compensation of $45,898,700. Known for his expertise in technology and digital strategy, Kumar served as the company’s Chief Technology Officer and Chief Development Officer until June 2021. His compensation package included a base salary, bonuses, stock awards, and other earnings.
Regarding Doug McMillon, Walmart Inc’s President and CEO, his total compensation in 2021 was $22,105,400. McMillon’s compensation package also included base salary, bonuses, stock awards, and other earnings. Though not the highest compensated executive, his leadership and strategic vision have been instrumental in driving the company’s growth and success.
Executive compensation plays a significant role in attracting top talent and motivating executives to drive the success of a company.
Table: Walmart Inc Executive Compensation – 2021
| Executive | Total Compensation (USD) |
|---|---|
| Suresh Kumar | $45,898,700 |
| Doug McMillon | $22,105,400 |
The executive compensation at Walmart Inc is designed to align with the company’s performance and deliver value to shareholders. It reflects the importance of attracting and retaining top talent to drive innovation, growth, and profitability in the highly competitive retail industry.
It’s important to note that executive compensation is subject to regular review and scrutiny by various stakeholders, including shareholders and regulatory bodies, to ensure fairness and transparency. Companies like Walmart Inc strive to maintain a balance between rewarding their executives for their contributions while also delivering value to shareholders.
Walmart Inc Ownership Network
Walmart Inc boasts a diverse ownership network, with major shareholders playing a crucial role in its success. Among these key stakeholders are S Robson Walton, Jim C Walton, and Alice L Walton. Their significant ownership stakes in the company underscore their commitment and influence within the organization. By aligning their interests with the company’s long-term growth and success, these major shareholders contribute to the strategic direction of Walmart Inc.
As major shareholders, S Robson Walton, Jim C Walton, and Alice L Walton actively participate in shaping the company’s future through their voting rights and decision-making authority. Their extensive involvement in Walmart Inc’s governance structure signifies their deep-rooted commitment and belief in the company’s potential for sustained growth. Through their ownership positions, these major shareholders play a pivotal role in shaping the company’s strategies, policies, and overall direction.
In addition to S Robson Walton, Jim C Walton, and Alice L Walton, Walmart Inc’s ownership network extends to other directors and executives who also hold significant ownership stakes in the company. These individuals, with their vested interests and deep understanding of the business, collectively contribute to the overall success and growth of Walmart Inc. Their ownership positions ensure a strong alignment of interests and a shared vision for the company’s future.
“The commitment and significant ownership stakes of major shareholders like S Robson Walton, Jim C Walton, and Alice L Walton demonstrate their unwavering belief in the potential of Walmart Inc. Their active involvement in the governance and strategic decision-making further solidifies the foundation for the company’s continued success.” – Walmart Inc spokesperson
By fostering a diverse ownership network and securing the support of major shareholders, Walmart Inc strengthens its position as a leading multinational retail corporation. The collective expertise, experience, and strategic guidance provided by these major shareholders ensure the company remains at the forefront of the industry, continually adapting to evolving market trends and meeting the changing needs of its customers.
Walmart Inc Overview
Welcome to the world of Walmart Inc, the renowned American multinational retail corporation that has transformed the way we shop. With its headquarters in Bentonville, Arkansas, Walmart Inc has established itself as a leader in the retail industry, catering to a wide range of customer needs.
What sets Walmart Inc apart is its diverse portfolio of stores, which includes hypermarkets, discount department stores, and grocery stores. This expansive network extends beyond the borders of the United States, reaching customers worldwide. Walmart Inc takes pride in offering a vast selection of products, making it a one-stop destination for all your shopping requirements.
At Walmart Inc, strategic partnerships play a vital role in bringing value to customers. By collaborating with various brands and suppliers, Walmart Inc ensures a comprehensive and diverse product range that caters to different preferences and budgets. Additionally, the company’s commitment to competitive pricing guarantees affordability for millions of shoppers.
FAQ
What is Doug McMillon’s net worth?
Doug McMillon has an estimated net worth of approximately $270.08 million.
How much stock does Doug McMillon own in Walmart Inc?
Doug McMillon owns approximately 1,574,089 units of Walmart Inc common stock.
How much was Doug McMillon’s largest purchase and sale order?
Doug McMillon’s largest purchase order was 75,063 units, worth over $3.6 million, on November 23, 2016. His largest sale order was 75,063 units, worth over $5.19 million, on November 23, 2016.
What is Doug McMillon’s salary?
Doug McMillon has a total base salary of $1,272,000.
How much are Doug McMillon’s stock awards worth?
Doug McMillon received stock awards valued at $15,827,794 in 2021.
Has there been any recent insider trading at Walmart Inc?
Yes, the most recent insider trade at Walmart Inc was conducted on November 24, 2023, by Robson Walton, who sold 752,794 units worth $116.89 million.
What is the biography of C Douglas McMillon?
C Douglas McMillon serves as the President, Chief Executive Officer, and Director of Walmart Inc. He brings years of executive leadership experience to the company, along with extensive expertise in corporate strategy, development, and execution.
How old is Doug McMillon and what is his mailing address?
Doug McMillon is 53 years old and his mailing address filed with the SEC is 702 SW 8th Street, Bentonville, AR, 72716-0215.
What is the executive compensation at Walmart Inc?
The executive compensation at Walmart Inc includes various components such as base salary, bonuses, stock awards, and other earnings. In 2021, the highest compensated executive at Walmart Inc was Suresh Kumar, with a total compensation of $45,898,700. Doug McMillon’s total compensation in the same year was $22,105,400.
Who are the major shareholders of Walmart Inc?
The major shareholders of Walmart Inc include S Robson Walton, Jim C Walton, and Alice L Walton.
What is Walmart Inc and what does it do?
Walmart Inc is an American multinational retail corporation that operates a wide range of stores, including hypermarkets, discount department stores, and grocery stores, both in the United States and internationally. The company is known for its strategic partnerships, extensive product offerings, and commitment to providing affordable prices to customers.
