TJX Companies vs Walmart — CEO Pay Comparison
Doug McMillon (Walmart) earns $3.0M more in total compensation than Ernie Herrman (TJX Companies).
| Metric | TJX CompaniesTJX | WalmartWMT |
|---|---|---|
| CEO | Ernie Herrman | Doug McMillon |
| Industry | Retail | Retail |
| Total Compensation | $12.0M | $15.0M |
| Base Salary | $1.2M | $1.5M |
| Stock Awards | $6.0M | $7.5M |
| Option Awards | $1.4M | $1.8M |
| Non-Equity Incentive | $1.8M | $2.3M |
| Pay-for-Performance Grade | C (59/100) | C (61/100) |
| CEO-Worker Pay Ratio | 375:1 | 469:1 |
| Median Worker Pay | $32K | $32K |
| Say-on-Pay Approval | 86.0% | 96.3% |
| 3yr Total Shareholder Return | +10.9% | +7.2% |
| Revenue | $54.2B | $648.1B |
| Market Cap | $130.0B | $620.0B |
| Employees | 349,000 | 2,100,000 |
Analysis
Ernie Herrman (TJX Companies) earns $12.0M in total compensation, while Doug McMillon (Walmart) earns $15.0M. That is a difference of $3.0M.
On pay-for-performance alignment, TJX Companies scores C (59/100) while Walmart scores C (61/100). Walmart's CEO compensation is better aligned with company performance.
TJX Companies's CEO-to-worker pay ratio is 375:1 compared to Walmart's 469:1. Shareholders approved CEO pay at 86.0% (TJX Companies) and 96.3% (Walmart).