Updated April 2026 · SEC DEF 14A data
Target vs Walmart, CEO Pay Comparison
Doug McMillon, Walmart's CEO, earns $7.4M more in SEC-disclosed total compensation than Brian Cornell at Target, based on the most recent DEF 14A proxy filings. Both figures are the disclosed Summary Compensation Table "Total" line.
Brian Cornell at Target ($21.8M) and Doug McMillon at Walmart ($29.2M) are close on SEC-disclosed total compensation. Both totals are the headline figure from each company's most recent DEF 14A proxy statement.
CEO compensation comparisons require peer-group context. Compensation committees explicitly select peer groups for setting CEO pay; two companies may use different peer groups even when they appear in similar industries. The full per-company pages surface the disclosed peer-group context.
Side-by-Side Comparison
| Metric | TargetTGT | WalmartWMT |
|---|---|---|
| CEO | Brian Cornell | Doug McMillon |
| Industry | Retail | Retail |
| Total Compensation (SEC-disclosed) | $21.8M | $29.2M |
| Revenue | $107.6B | $648.1B |
| Market Cap | $60.0B | $620.0B |
| Employees | 440,000 | 2,100,000 |
Reading the Comparison
Doug McMillon (Walmart) earns $7.4M more than Brian Cornell (Target) — a modest gap typical of CEOs running roughly comparable companies in the same sector tier.
How These Numbers Are Sourced
We report each CEO’s headline total compensation — the “Total” line of the Summary Compensation Table the SEC requires under Regulation S-K Item 402, captured from the filing’s machine-readable iXBRL data. We do not reproduce or estimate the per-line-item salary / stock / option split — that detail is in each company’s DEF 14A. Underlying SEC filings for both Target and Walmart are available on the EDGAR system.
Frequently Asked Questions
How much do the CEOs of Target and Walmart earn?
Brian Cornell, CEO of Target, was reported with $21.8M in SEC-disclosed total compensation in the most recently disclosed fiscal year. Doug McMillon at Walmart was reported with $29.2M. These are headline total-compensation figures (the Summary Compensation Table "Total" line); the per-line-item salary/stock/option split is disclosed inside each company's DEF 14A proxy statement and is not reproduced or estimated here.
Which CEO is paid more, Target or Walmart?
Doug McMillon (Walmart) earns $7.4M more than Brian Cornell (Target) — a modest gap typical of CEOs running roughly comparable companies in the same sector tier.
Where does this comparison data come from?
Every figure on this page is sourced from public SEC filings: the DEF 14A proxy statement for CEO total compensation under Regulation S-K Item 402, and the 10-K for revenue, market cap, and employee count. We report the disclosed CEO total only and never estimate it. All filings are available on the SEC EDGAR system at https://www.sec.gov/edgar.shtml.
Target CEO Pay Details
Total compensation, multi-year history, and peer comparison
Walmart CEO Pay Details
Total compensation, multi-year history, and peer comparison
Related Companies to Compare
Source: U.S. Securities and Exchange Commission, DEF 14A filings via EDGAR. Public domain.
Last updated 2026-04-06 · comparing Target (TGT) and Walmart (WMT).