GM CEO Barra's pay dipped to $21.6 million in 2019
Source: Reuters
BUSINESS NEWS APRIL 27, 2020 / 3:16 PM / UPDATED 2 HOURS AGO
(Reuters) - General Motors Co (GM.N) Chief Executive Officer Mary Barra received a compensation package worth $21.6 million in 2019, 1.1% less than the previous year, according to the U.S. automakers proxy statement released on Monday.
Barras pay package included a salary of $2.1 million, stock awards worth $12.14 million, options worth more than $3.5 million and a performance award worth $2.73 million, according to the proxy. Her salary remained unchanged from 2018, while performance award was 38.7% lower from 2018.
Barras total compensation package was valued at $21.63 million, below the $21.87 million she received in 2018. Barra, GMs chairman and CEO, was paid $21.96 million in 2017.
GM said Barras pay was 203 times that of the median company employee.
Reporting by Shanti S Nair in Bengaluru; Editing by Maju Samuel
Read more: https://www.reuters.com/article/us-gm-compensation/gm-ceo-barras-pay-dipped-to-21-6-million-in-2019-idUSKCN2292QE?il=0
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Barras pay was 203 times that of the median company employee.
I don't care but 203 times that of the average GM worker.........is just absolutely outrageous...........and she gets compensated to have her health care paid for...................
leftieNanner
(15,084 posts)How will she ever afford groceries? What if the baby needs new shoes? What if she can't pay the electric bill?
rpannier
(24,329 posts)I will say it again, "Take every CEO and march them off a cliff tonight, tomorrow no one would really notice. Take every farmer and construction worker and do the same, we'd all die."
abqtommy
(14,118 posts)doc03
(35,328 posts)dhill926
(16,337 posts)back 2,000 acres for food, poor thing....
Yeehah
(4,587 posts)And send her some grocery money!
uriel1972
(4,261 posts)Not a drop...