H. Lee Scott received a pay package valued at $30.2 million — a 4.6 percent drop — in his final year as president and chief executive officer of Wal-Mart Stores Inc.
Scott’s compensation for the fiscal year ended Jan. 31 included salary of $1.5 million, nonequity incentive pay of $5.8 million, stock awards valued at $17.4 million and option awards of $4.4 million, according to a filing with the Securities and Exchange Commission. Stock and option awards are reported based on SEC accounting guidelines. The compensation recorded in these categories was not necessarily realized because of vesting schedules and changes in stock price.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"