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Ford Reduced Pay for CEO Mulally 29% to $21 Million 

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Fri, 15 Mar 13 6:55 PM | 59 view(s)
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Ford Reduced Pay for CEO Mulally 29% to $21 Million

By Craig Trudell - Mar 15, 2013 9:03 AM ET


Ford Motor Co. (F), which shuffled its leadership team last year to prepare for Chief Executive Officer Alan Mulally’s eventual departure, lowered his compensation by 29 percent last year to less than $21 million.

Mulally, 67, received $2 million in salary, $3.95 in bonus and $15 million in stock, options and other compensation, Dearborn, Michigan-based Ford said today in a regulatory filing. That compares with $2 million in salary, $5.46 million in bonus and $22 million in other compensation for 2011. The automaker said pretax profit slid 9.1 percent last year to $8 billion.

more:
http://www.bloomberg.com/news/2013-03-15/ford-reduced-pay-for-ceo-mulally-29-to-21-million.html




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