Posted on 02/10/2014 12:35:55 PM PST by Red in Blue PA
DETROIT, Feb 10 (Reuters) - General Motors Co's Mary Barra, the auto industry's first female chief executive officer, will be paid $14.4 million in cash and stock this year, 60 percent more than her predecessor, the automaker disclosed on Monday.
GM had previously said Barra, 52, would receive up to $4.4 million in cash and stock compensation this year, but that amount did not include what she would receive under the company's long-term compensation plan, which totals $10 million.
(Excerpt) Read more at finance.yahoo.com ...
Class warfare!
So I reckon she figures she’s too good to make me a sandwich?
I’ve heard the bonus comes from work with some of the directors on the table in the board room
Iron my Volt!
I’ve had my last GM for a while. The last 3 vehicles I’ve had all seem to suffer from chronic issues. Not a lot of issues but the same ones over and over again. I currently have an Aveo and it’s been reliable but is just put together cheap. I know it is a low end low expense car but still. Thinking of trying Ford or Nissan next. I hear good things about both.
They were howling about this on Facebook over the weekend because not all of Barra’s compensation had been board-approved and at that point it looked as if she were going to be making a lot less than her predecessor.
But the “reporting” in Yahoo.com was slanted to make the easy gender pay inequity argument. It wasn’t until you got to the end of the article that you got the little nugget about the remainder of her compensation requiring “board approval”.
Frankly, I’m surprised the the Obama Administration is permitting this... weren’t they the one’s who were all up-in-arms about executive pay? They have leverage with GM and here Bara is going to be hauling down Peyton Manning like numbers?
Isn’t Marxism wonderful?
That’s a lot of semis she is going to have to load/unload on the loading dock...
$14.4 million? That’s almost as much as some of the UAW thugs!
DAMN that glass ceiling....oh, wait....
0bama’s Government Motors; helping the 1% help itself.
Would you want her to?
Probably about as exciting as a Volt at home...
I own a Ford Shelby GT500 and an Infiniti FX35 and they are both excellent vehicles.
The job should come with an honorary title, like commissar...
My bet is that they will be back in bankruptcy within 5 years. She had best run to the bank with those checks and cash in the stock as soon as possible.
Proper title is always prefaced by “Comrade” ... Comrade Government Motors Commissar Barra.
Of course, GM (Government Motors) will probably spin that in the direction of the preferred, demanded and executed fascism that we have going on in this country.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.