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.
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Doesn't the government own GM?....
mobileusa- Number of posts : 564
Thanked by peers : 12
Registration date : 2009-01-30
- Post n°1
Doesn't the government own GM?....
mobileusa- Number of posts : 564
Thanked by peers : 12
Registration date : 2009-01-30
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....
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....
ch46eseaknight- Number of posts : 106
Age : 46
Thanked by peers : 3
Registration date : 2009-02-27
GM aka Government Motors ????
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