Opinion | Why CEOs Get Paid So Much

Doug McMillon's successful leadership at Walmart highlights the importance of corporate leadership in driving business success. As he prepares to retire after more than a decade, he hands over the reins to John Furner, who has been instrumental in running Walmart's U.S. operations. This transition underscores the continuity of leadership that is crucial for maintaining Walmart's market position. McMillon's achievements serve as a testament to why CEOs are compensated at high levels, reflecting their pivotal role in navigating complex market dynamics and steering large organizations toward growth.