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Government Motors CEO to get $9,000,000 pay package

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Filed: Timeline

General Motors Co. Chief Executive Ed Whitacre will receive a pay package valued at $9 million to help turn around the government-owned auto maker, according to a regulatory filing.

Mr. Whitacre, according to the filing, will receive a $1.7 million base salary this year. The rest of his compensation is comprised of $5.3 million in stock available to him beginning in 2012 and restricted stock units valued currently at $2 million.

The auto maker will pay former-CEO Frederick "Fritz" Henderson $59,090 ...

http://online.wsj.com/article/SB1000142405...3943185642.html

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Filed: Timeline
General Motors Co. Chief Executive Ed Whitacre will receive a pay package valued at $9 million to help turn around the government-owned auto maker, according to a regulatory filing.

Mr. Whitacre, according to the filing, will receive a $1.7 million base salary this year. The rest of his compensation is comprised of $5.3 million in stock available to him beginning in 2012 and restricted stock units valued currently at $2 million.

The auto maker will pay former-CEO Frederick "Fritz" Henderson $59,090 ...

http://online.wsj.com/article/SB1000142405...3943185642.html

Who says government jobs don't pay well?

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Filed: Citizen (apr) Country: Brazil
Timeline
Who says government jobs don't pay well?

:lol:

* ~ * Charles * ~ *
 

I carry a gun because a cop is too heavy.

 

USE THE REPORT BUTTON INSTEAD OF MESSAGING A MODERATOR!

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