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Ford CEO paid $4.1 mln in stock, 3.5 mln options

Discussion in 'Other Cars' started by cwerdna, Mar 10, 2008.

  1. cwerdna

    cwerdna Senior Member

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    Ford CEO paid $4.1 mln in stock, 3.5 mln options | Markets | Markets News | Reuters

    "DETROIT, March 7 (Reuters) - Ford Motor Co (F.N: Quote, Profile, Research) on Friday said it had awarded Chief Executive Alan Mulally restricted stock worth $4.1 million and 3.56 million stock options after a year in which the No. 2 U.S. automaker lost $2.7 billion
    ...
    Ford's larger rival in the U.S. market, General Motors Corp (GM.N: Quote, Profile, Research), on Thursday said it had approved a 33 percent hike in the base salary of Chief Executive Rick Wagoner to $2.2 million and would give him a bonus for $2.43 million if GM hits its performance targets. GM lost a record $39 billion last year.
    ...
    The stock has lost over 80 percent since 2000 and fallen by 30 percent since Mulally became chief executive."