Wal-Mart's Pay Gap

Publication Date: 

April 15, 2005


Sarah Anderson, Institute for Policy Studies

Wal-Mart company documents released April 15 reveal that CEO H. Lee Scott, Jr., made $17,543,739 in total compensation last year – nearly twice the average of $9.6 million for leading U.S. CEOs as a whole, according to Business Week. Thomas Coughlin, the Vice Chair of the board who recently was accused by Wal-Mart officials of spending company money on personal items such as alligator skin cowboy boots, has had some of his compensation suspended, but not his $1 million-plus salary.