The Telegraph reports Jeremy Clarkson is now officially the BBC's highest-paid talent. Last year, the Top Gear presenter brought home around $5.5 million at current conversion rates, besting Graham Norton and Gary Lineker at around $3.1 million each. While critics may cry foul at Clarkson's escalated earnings, the broadcaster says much of that cash spawns from the success of the Top Gear brand. Clarkson works to sell the show around the globe with re-runs, spin-offs like our own Top Gear spinoff
Ford had a very good financial year in 2010, with the company's second consecutive year-over-year market share increase and a net profit of $6.6 billion. Those sparkling stats made Ford's stock jump, with 68 percent in total gains for the year. And when stock prices soar, so do the executives' compensation.
When General Motors was on the verge of bankruptcy, cuts were made to salaried workers' pay and benefits. The move was important to help preserve as much cash as possible while also showing the federal government and the United Auto Workers that everybody in the company was making a sacrifice. Some might even say that salaried employees sacrificed more than others, as thousands were given pink slips and all lost health care benefits after age 65.
Ford Motor released details of its executive compensation Friday, as part of its 2006 proxy statement to the Securities and Exchange Commission. At the top of the list is chairman and CEO Bill Ford, whose 2005 total compensation took a big hit, falling 40 percent to $13,298,279. In all fairness, this compensation takes form of stock and stock options virtually in its entirety. Ford has pledged to forgo any cash compensation until the company's automotive operations return to profitabil