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Mulally and Wagoner reconsider $1 salary for federal aid
Chrysler CEO Bob Nardelli was the only auto exec who readily offered to work for a buck if it meant securing federal aid from Congress in the form of bridge loans. Ford CEO Alan Mulally famously told the politicians sitting before him, "I think I'm OK where I am." We would be OK too with the tens of millions of dollars that Mulally has received as compensation so far from Ford. GM CEO Rick Wagoner was described as being "demur" when asked about lowering his salary to a $1. Now it seems that the boy from Boeing and the Ricker are reconsidering ... Read more →
Wagoner gets a raise to what he made in 2003 Chris Shunk
After an abysmal 2005 where GM lost over $10 billion, CEO Rick Wagoner received a sizable pay cut from $2.2M to $1.28M. Yeah, we know, cry him freakin' river. The General's relative success of late, ...
Wagoner cuts pay by 25% to aid turnaround, well kind of Damon Lavrinc
When possible, we like to cross-reference stories with other news sources before we report on them, and we've found this to be even more important when the topic at hand is hard data. When we came ...
Alan Mulally making friends fast, receives a raise Dan Roth
Alan Mulally went to Ford to kick ass and chew bubblegum, and now he'll be able to afford more Hubba Bubba. It's really a stock option bump -- from $5 to $6 million -- as a reward for taking FoMoCo by ...
Mark Fields under fire for expensive flights home Scott Davis
Steve Wilson, a reporter for WXYZ Channel 7 in Detroit, has taken the President of the Americas for Ford Motor Company, Mark Fields, to task for the weekly flights the executive takes from Detroit to ...
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Quick Spin: Nissan Leaf the tip of mass market EV spear
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Ford changes how executives' benefits tied to auto shop bills 3 years ago on Autoblog
Hee's a bit of news that surely had Ford’s executive eyeing Consumer Reports rankings on all of the Blue Oval's offerings... According to Jim Mateja of the Chicago Tribune, the recent 8-K form Dearborn filed with the Securities and Exchange Commission altered one of the factors that ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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