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Ford said Wednesday that new CEO Jim Hackett is eligible for at least $13.4 million in total annual compensation. ​​​His prececessor, Mark Fields, meanwhile, who was ousted by the board over the company's 37 percent stock slide, could walk away with about $57.5 million in compensation, Bloomberg reports. The bulk of Fields' consolation prize is in unvested stock awards worth $29.4 million, as of Wednesday's close, that will vest through 2020. Fields also is eligible for $17.5 million in retirem

The U.S. No. 2 automaker is stuck in a product drought that shows no signs of easing until 2019, ​​​​​.

Over the past 12 months, shares of Ford are down nearly 16 percent. The S&P 500 index has jumped nearly 17 percent over the same time.

Ford's message: Staying the course is no longer acceptable.

Making sense of the news out of Dearborn.

Mobility division boss Jim Hackett takes over.

Ford's middling stock price forces Fields' ouster.

DETROIT (Reuters) - General Motors has reported in a regulatory filing that CEO Mary Barra's salary, bonus and awards declined more than 20 percent in 2016 to $22.6 million from $28.6 million in 2015. The company said this reflected a one-time retention bonus of nearly $11.2 million in stock options in 2015. Last week, No. 2 U.S. automaker Ford Motor Co said its chief executive Mark Fields' salary, bonus and stock awards rose 8 percent to $18.8 million in 2016, while pretax profit for the auto

While profit dips slightly in 2016.

His pension award was nearly $2 million higher in 2016.

The Blue Oval takes a stand.

Was Jac Nasser right all along?

A bad idea then is a better idea now.

"I want new plants to be built here for cars sold here!", Trump said in a tweet ahead of the meeting.

Fields says there was no deal with Trump.

The Focus will still be built in Mexico, just not at a new plant.

The automaker will introduce 13 electrified vehicles in the next five years.

CEO Mark Fields really, really doesn't like having to build green cars.

Fields smells an opportunity.

Translogic host Jonathon Buckley takes us on a tour through Automobility LA 2016, part of this year's Los Angeles Auto Show.

Current Ford CEO Mark Fields allegedly cracked his Edge's infotainment screen in frustration after yet another MyFord Touch error.

Ford's Fields says next decade will be 'defined' by automation.

Ford's next step will be developing 'robot taxis' by 2021, and is working with Uber and Lyft on such a concept.

May use Model E moniker, build it in Mexico.

Ford CEO Mark Fields has just declared its intention to build a long-range electric vehicle.

We Talk Autonomous Cars And The Future Of Ford

From our live stage at the 2016 Detroit Auto Show, Jonathon Buckley interviews Ford President and CEO Mark Fields. Topics include autonomous cars, Ford's tie-ups with big tech companies, and the future of mobility.

Ford CEO Takes To CES With A Silicon Valley Attitude

Ford CEO says that collecting lots and lots of data, with permission, will let the automaker figure out what customers want before they know they want it.

Blue Oval Chief Says Best-Selling Truck's Electrification Is Key To Getting Greener

Fields acknowledges recent stall in US hybrid-sales growth.

Introduces New MoDe:Flex Electric Bicycle

Ford sticks its toes deeper into car sharing and multimodal mobility with the announcement of its Smart Mobility program's next phase.

We Check In With CEO Mark Fields At Ford's Silicon Valley Lab

Translogic heads to Ford's Research and Innovation Center in Silicon Valley for a peek behind the scenes at the latest tech being produced by the traditionally Michigan-based automaker.

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