Why Amazon and Walmart CEOs make much less than these employees
At Amazon, CEO Jeff Bezos got paid $1.7M in 2016, while the CEO of Amazon Web Services got a whopping $35.6 million (20 times Bezos' pay). It's a similar story at Walmart, which just disclosed that it paid its e-commerce boss, Marc Lore, nearly $244 million in 2016, or 10 times the pay of Walmart CEO Doug McMillon.
Is this a trend, or a peculiarity of these two retail behemoths. Alexis Christoforous is joined by Yahoo Finance editor-in-chief Andy Serwer and Yahoo Finance's Rick Newman to discuss.