Ford CEO makes $56MM this year and Chairman made $42MM

[taught_me_patience]

$100MM for two guys?


http://finance.yahoo.com/news/Ford-CEO-Mulally-gets-565M-in-apf-1293408488.html?x=0&sec=topStories&pos=9&asset=&ccode=

Ford CEO Mulally gets $56.5M in stock award
Ford CEO Mulally awarded $56.5M in stock before taxes; Executive Chairman Ford gets $42.4M


Share
retweet
EmailPrint..Tom Krisher, AP Auto Writer, On Tuesday March 8, 2011, 10:29 am EST
DEARBORN, Mich. (AP) -- Ford Motor Co., which turned its biggest profit in more than a decade last year, has rewarded CEO Alan Mulally with stock worth $56.5 million before taxes.

The man who hired Mulally, Executive Chairman Bill Ford Jr., also got stock worth $42.4 million.

The Dearborn, Michigan, company disclosed the stock in filings Monday with the U.S. Securities and Exchange Commission, and the shares were granted to the men on Thursday, when they closed at $14.76. Several other top executives also received stock awards.

[xchrom]

1. this got an unrec? nt

[Initech]

2. Heh, I'm buying a Ford. Fusion Hybrid to be specific.

But Yeah, these CEO salaries are getting obscene.

[TBF]

3. I tried to rec this post, but the capitalists are fast. K&R

[TreasonousBastard]

4. OK, what should they have been paid for running one of...

the world's largest industrial companies and major exporters, being responsible for billions in capital and hundreds of thousands of jobs, and making a profit in a really terrible year while not hurting anyone?

(Hint-- they should make at least as much as Charlie Sheen or any guy with a good fastball or three-point shot.)

[leftstreet]

5. Who made the profit for them?

And what should THEY be paid?

:shrug:

[Brickbat]

6. They make what each side agrees is a fair compensation for the labor done.

That's called collective bargaining.

[TreasonousBastard]

7. Their customers-- now what?

[leftstreet]

8. Their customers built the cars? Wait, wut?

I've heard of build your own salad bars, but...

[libmom74]

9. How much more did

they make this year because of outsourcing?