Job 1?

[ArtsBest]

Sounds to me anyway more like job ME.

Alan Mulally, Ford president and chief executive officer, earned
$2,000,000 in salary and received incentive bonus awards of $7 million.
Total 2007 compensation was $21,670,674....
stock-based awards, as well as all other compensation. -- Don Leclair, Ford executive vice president and chief financial officer,
earned $1,005,633 in salary and received incentive bonus awards of $3
million. His 2007 compensation totaled $11,703,127.
Mark Fields, Ford executive vice president and president, The Americas,
earned $1,255,634 in salary and received incentive bonus awards of
$2,850,000. His 2007 compensation totaled $8,389,898.
Lewis Booth, Ford executive vice president, Ford of Europe and Premier
Automotive Group, earned $868,133 in salary and received incentive
bonus awards of $2,250,000. His 2007 compensation totaled $10,264,463.
Mike Bannister, Ford executive vice president and CEO, Ford Motor
Credit Company earned $708,700 in salary and received incentive bonus
awards of $2,150,000. His 2007 compensation totaled $8,677,747.

[idahodave]

Wonder how much he'd make if Ford actually made a profit?

[LxMan1]

Most of Alan's money went to pay off the contract @ Boeing for leaving early. He also said that he would not pocket any of the bonus money until Ford did make a profit.
I think it was over 11 million paid to Boeing.

[bookem15]

How in the heck can you get bonuses at a point when the company is not making a profit??? That is the kind of pay incentives that cause the prices to be what they are. That is just stupid. It ranks right up there with big oil companies bragging about how much PROFIT they made last year and the first quarter of this year. What a racket!!!!

[tseekins]

Originally Posted by LxMan1

Most of Alan's money went to pay off the contract @ Boeing for leaving early. He also said that he would not pocket any of the bonus money until Ford did make a profit.
I think it was over 11 million paid to Boeing.

Well, doesn't that just make him a stand up guy!? How many more plants will close and hard working family people displaced so these few people at Ford's helm can richer and richer?

The President of the US and being the most powerful man in the world doesn't earn squat in comparison.

I'm going to keep my old '88 for a couple more years.

Tim

[osbornk]

Originally Posted by bookem15

How in the heck can you get bonuses at a point when the company is not making a profit??? That is the kind of pay incentives that cause the prices to be what they are. That is just stupid. It ranks right up there with big oil companies bragging about how much PROFIT they made last year and the first quarter of this year. What a racket!!!!

He probably minimized the loss. The loss would probably have been far greater if he were not there.

[bookem15]

Originally Posted by osbornk

He probably minimized the loss. The loss would probably have been far greater if he were not there.

Maybe so but any money that he gets in a bonus is putting Ford further in debt. Thats ok though they will just layoff more REAL workers so he can continue to get more money!!!!