3 execs in state pocket $19M each - Arkansas Online
Officers at Wal-Mart and Tyson Foods were the highest paid public company executives in Arkansas last year, with the top three earning more than $19 million each. Gregory Foran, who was hired last year to run Wal-Mart's U. S. operations, was the highest-paid executive in the state, making $19. 5 million in 2014. John Tyson, Tyson Food's chairman, made $19. 3 million and Doug McMillon, Wal-Mart's chief... A proxy statement, sent to stockholders every year to notify them of the timing for the annual meeting, includes details of business to be conducted at the meeting and the income of the company's top executives. The incomes for the top three executives on the list are comparable with other companies nationally, said Joshua Henke, executive director for Longnecker & Associates, an executive-compensation consulting firm in Houston. Other examples of top incomes at national firms include Boeing chief executive Jim McNerney, who earned almost $29 million last year. and former Ford chief executive Alan Mulally, who earned $22 million. Despite the lofty incomes, Tyson and McMillon took cuts in pay from 2013. Tyson earned $20. 5 million in 2013 and McMillon made $25. 3 million. Source: www.arkansasonline.com
