Walmart is facing calls to shake up its executive pay, boardroom composition and approach to workplace sexual harassment at the US retailer's annual meeting, expected to be gatecrashed by presidential candidate Bernie Sanders.
Two influential shareholder advisory groups are recommending votes against the world's biggest retailer at the Arkansas gathering next week, according to people close to the situation.
Glass Lewis has advised investors to vote against Walmart's remuneration plans, citing a "pay and performance disconnect". Doug McMillon, chief executive, was handed a US$23.6 million ($36m) package for last year.
Institutional Shareholder Services has backed the pay plan but thrown