- You are here:
- Auto News >
- compensation
compensation
-
0Ford's Alan Mulally earns $18m in 2009. Is he worth it? 1269468060
That's a rhetorical question – of course he's worth it. Put another way, imagine if Bill Ford were asked this question a few years ago: "Hey Bill, you can have Alan Mulally not only return Ford to profits that end in "billions," he'll raise the stock price, deal with the UAW, burnish Ford's ...
-
Mulally and Wagoner reconsider $1 salary for federal aid 1228242420
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 ...
-
Wagoner gets a raise to what he made in 2003 1204892820
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, however, has convinced the board that Wagoner deserves to have his annual pay restored to the $2.2M ...
-
Wagoner cuts pay by 25% to aid turnaround, well kind of 1177774920
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 across a Reuters' story proclaiming that GM CEO Rick Wagoner was taking a 25-percent pay cut beginning ...
-
Alan Mulally making friends fast, receives a raise 1172761680
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 its earlobes and attempting to drag it out of the mire it's stuck in. We have seen more focus out ...
-
Mark Fields under fire for expensive flights home 1163620860
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 his home in Delray Beach, Florida. Fields uses a company jet for the flights, which itself isn't ...
-
Ford changes how executives' benefits tied to auto shop bills 1143079200
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 ...

