Bill Ford only wants auto pay

Much of Ford’s profits come from their financing arm and Bill Ford wants that to change. Ford’s chairman will link his own compensation to the performance of the company’s automotive business. “I have asked the compensation committee to tie my future compensation even more directly to the performance of the company’s core automotive business,” Ford told the annual shareholders’ meeting. Ford expects the auto arm to break even for 2005. We won’t say how much we think he should be paid for that.

By avant1963@cheersandgears.com
Get Autoblog in your Google feed
Preferred SourceGoogle Discover

Much of Ford’s profits come from their financing arm and Bill Ford wants that to change. Ford’s chairman will link
his own compensation to the performance of the company’s automotive business. “I have asked the compensation committee
to tie my future compensation even more directly to the performance of the company’s core automotive business,” Ford
told the annual shareholders’ meeting. Ford expects the auto arm to break even for 2005. We won’t say how much we think
he should be paid for that.