pay

The Detroit Free Press reports that the United States Treasury has exercised its power to put a cap on executive compensation at General Motors by freezing CEO Dan Akerson's pay at last year's levels. Akerson brought home a total of $9 million last year including salary, stock and restricted ...

Remember when we told you that Sergio Marchionne didn't receive a paycheck from Chrysler during 2011? As it turns out, it's because he was busy raking in the big bucks from Fiat. Automotive News reports that Marchionne earned 14.5 million euros ($19 million U.S.) in 2011. The pay includes seven ...

According to Bloomberg, Nissan is the place to be a director for a Japanese automaker. According to a new article, Nissan Motor Company hands its directors close to four times the amount of pay as its rival Toyota and three times as much as what Honda directors bring home. Averaged among all of ...

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 ...

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 ...