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Doesn't the government own GM?.... I_icon_minitimeSeptember 5th 2013, 11:13 am by paintmaster

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2 posters

    Doesn't the government own GM?....

    mobileusa
    mobileusa


    Number of posts : 564
    Thanked by peers : 12
    Registration date : 2009-01-30

    Doesn't the government own GM?.... Empty Doesn't the government own GM?....

    Post  mobileusa March 2nd 2010, 12:00 am

    General Motors' Chief Executive Edward Whitacre will get a compensation package valued at $9 million, including $1.7 million in salary, according to a regulatory filing.
    mobileusa
    mobileusa


    Number of posts : 564
    Thanked by peers : 12
    Registration date : 2009-01-30

    Doesn't the government own GM?.... Empty Re: Doesn't the government own GM?....

    Post  mobileusa March 2nd 2010, 12:13 am

    He will receive $5.3 million in stock beginning in 2012 and $2 million in restricted stock. It is a rich package by any standard, and is particularly generous for a man who has never been in the car industry.

    Former GM CEO Fritz Herderson will receive $59,090 in consulting fees this year, it was also disclosed. He will advise Whitacre on international operations.

    The new GM CEO was appointed by Obama, who told us all that times are hard and we have to sacrifice a little.....poor guy....
    avatar
    ch46eseaknight


    Number of posts : 106
    Age : 46
    Thanked by peers : 3
    Registration date : 2009-02-27

    Doesn't the government own GM?.... Empty Re: Doesn't the government own GM?....

    Post  ch46eseaknight March 2nd 2010, 2:19 pm

    GM aka Government Motors ???? Shocked

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    Doesn't the government own GM?.... Empty Re: Doesn't the government own GM?....

    Post  Sponsored content


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