Wal-Mart CEO's pay jumps 14.1 percent to $20.7 million

April 22 Mon Apr 22, 2013 4:42pm EDT

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April 22 (Reuters) - Wal-Mart Stores Inc Chief Executive Mike Duke earned $20.7 million last year, up from $18.1 million a year earlier, as the world's largest retailer grew despite a sluggish U.S. economy and concerns over alleged international bribery.

Duke's cash incentive payment in fiscal 2013 was nearly $4.4 million, up from nearly $2.9 million a year earlier.

Wal-Mart's total sales rose 5 percent to $466.11 billion in the fiscal year that ended in January. Sales at Walmart U.S., the company's largest unit, rose 3.9 percent to $264.19 billion.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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