FORD'S CEO COMPENSATION
Ford Parts Specialist
Joined: Nov 2006
Posts: 88,826
Likes: 785
From: Simi Valley, CA
I lauded Bill Ford for hiring Mulally, and that was it. Nasser and Ford ran the company damn near into the ground.
Famous last words: "You won't have Nixon to kick around any longer." -Richard Nixon
You soon won't have Mulally to kick around either, he's retiring soon. So, be prepared to kick around his replacement, likely Mark Fields.
Famous last words: "You won't have Nixon to kick around any longer." -Richard Nixon
You soon won't have Mulally to kick around either, he's retiring soon. So, be prepared to kick around his replacement, likely Mark Fields.
Post Fiend
Joined: Feb 2002
Posts: 10,600
Likes: 3
From: Carhenge
I feel bad for them, I guess it's hard to find decent help for under $20 million these days.....................................
Post Fiend
Joined: Jan 2006
Posts: 20,589
Likes: 2
From: Charlotte, NC
I don't have anything personally against Mulally. He just represents a broad problem. No sense of what's 'unseemly' anymore in the top ranks of the corporate World.......and with the stockholder boards which grant them these mega-mega pay packages......and ultimately golden parachutes. It just ain't 'right'. It may be legal, but it ain't right.
Post Fiend
Joined: Feb 2002
Posts: 10,600
Likes: 3
From: Carhenge
I don't have anything personally against Mulally. He just represents a broad problem. No sense of what's 'unseemly' anymore in the top ranks of the corporate World.......and with the stockholder boards which grant them these mega-mega pay packages......and ultimately golden parachutes. It just ain't 'right'. It may be legal, but it ain't right.
Ford's selling cars on their fuel economy, so jeez, give the guy some credit........................
Post Fiend
Joined: Jan 2006
Posts: 20,589
Likes: 2
From: Charlotte, NC
Oh, come on, we all know Mulally's the first guy, and probably the only guy who thought "Gosh, I bet we could sell a lot more cars if they just didn't burn so darn much gas."
Ford's selling cars on their fuel economy, so jeez, give the guy some credit........................
Dodge appears to be taking the lead with their trucks, though. Their 1500s are getting from the mid to high -20s mpg.
You don't have to convince me of the 'mileage' argument, clux. If there wasn't such a political aversement to 'fossil fuels' and making any of them appear to be desirable as a long-term fuel source, then we'd have the European-style (SOME of them built by Ford) passenger diesels over here.........Such diesels getting in the 60s and 70s mpg.
But hey. It's all about pushing non-fossil fuels. Can't make diesel look good. (which is also probably why diesel is so much more expensive than gasoline).
Fleet Owner
Joined: Aug 2010
Posts: 21,253
Likes: 1,656
From: Reynoldsburg, Ohio
Good thing for all of us to keep in mind! 
The disparity of info about bailout bucks, who got them, why and has it yet been repaid casts too many in the wrong light. Ford was struggling much the same as GM but shrewdly saved itself, mostly out of the larger public eye. Incredibly bad timing had GM failing at a time self-recovery would have been nearly impossible or not able to happen before creditors swooped in and liquidated it all.
Incidentally GM has repaid almost all of the bailout money and remains a large US employer. If/when any US auto maker closes up the loss of jobs both directly and indirectly would be staggering, not enough McDonalds to absorb that large jobless labor force.
Alan Mulally did a great job at Boeing and seems he's doing much the same at Ford too. What's he worth? I say let him put himself on the market and see who hires him and for how much. His record speaks for itself I think.
Maybe we post annual earnings of the UAW officials too?
If Bill Ford hadn't hired Alan Mullaly away from Boeing, FoMoCo most likely would have gone bankrupt.
2005: FoMoCo put up all the company assets including the rights to the blue oval to procure as 23.8 billion dollar loan to stave off bankruptcy.
Now y'all know why FoMoCo didn't need 'bailout' bucks.
2005: FoMoCo put up all the company assets including the rights to the blue oval to procure as 23.8 billion dollar loan to stave off bankruptcy.
Now y'all know why FoMoCo didn't need 'bailout' bucks.
Incidentally GM has repaid almost all of the bailout money and remains a large US employer. If/when any US auto maker closes up the loss of jobs both directly and indirectly would be staggering, not enough McDonalds to absorb that large jobless labor force.
Alan Mulally did a great job at Boeing and seems he's doing much the same at Ford too. What's he worth? I say let him put himself on the market and see who hires him and for how much. His record speaks for itself I think.
Maybe we post annual earnings of the UAW officials too?
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Ford Parts Specialist
Joined: Nov 2006
Posts: 88,826
Likes: 785
From: Simi Valley, CA
and remains a large US employerGM still owes the gov't BILLIONS of Obama bail out bucks.
Fleet Owner
Joined: Aug 2010
Posts: 21,253
Likes: 1,656
From: Reynoldsburg, Ohio
Thanks for the clarification---might bear a bit more reading or investigating on my part!
Government Teat-sucker
Joined: Oct 2003
Posts: 9,748
Likes: 1
From: Virginia Beach
Well I'm all for that....
Dodge appears to be taking the lead with their trucks, though. Their 1500s are getting from the mid to high -20s mpg.
Not sure if I believe all that hype, either. I might believe 22 or so, probably less for day to day driving.
You don't have to convince me of the 'mileage' argument, clux. If there wasn't such a political aversement to 'fossil fuels' and making any of them appear to be desirable as a long-term fuel source, then we'd have the European-style (SOME of them built by Ford) passenger diesels over here.........Such diesels getting in the 60s and 70s mpg.
But hey. It's all about pushing non-fossil fuels. Can't make diesel look good. (which is also probably why diesel is so much more expensive than gasoline).
Dodge appears to be taking the lead with their trucks, though. Their 1500s are getting from the mid to high -20s mpg.
Not sure if I believe all that hype, either. I might believe 22 or so, probably less for day to day driving.
You don't have to convince me of the 'mileage' argument, clux. If there wasn't such a political aversement to 'fossil fuels' and making any of them appear to be desirable as a long-term fuel source, then we'd have the European-style (SOME of them built by Ford) passenger diesels over here.........Such diesels getting in the 60s and 70s mpg.
But hey. It's all about pushing non-fossil fuels. Can't make diesel look good. (which is also probably why diesel is so much more expensive than gasoline).
Anyway, to your point about CEO salaries. I know this argument comes up from time to time, and I agree with you in principle. But surely you aren't suggesting the government intervene in this part of the free market?
Post Fiend
Joined: Jan 2006
Posts: 20,589
Likes: 2
From: Charlotte, NC
But I don't think it's a 'pollution' concern. It's a 'fossil fuels' concern in general. The idiots can't abide a large percentage of U.S. passenger vehicles getting that kind of mileage from (horror of horrors!!!).....DIESEL!
There's no other reason to ban those cars from domestic sales. None.
If high mpgs aren't coming from 'alternative' sources of energy, then the powerful forces at work behind the scenes (and you can fill in your own blanks here) don't want to hear about it......let alone allow it.
I think you know me better than that.
A man can protest without calling for Gov't intervention, can't he?
(dang.....so I turned around and entertained the silly question anyway.......)
Post Fiend
Joined: Jan 2006
Posts: 20,589
Likes: 2
From: Charlotte, NC
I just heard a snippet on the news a few minutes ago, but it mentioned a little over $29-billion had been repaid out of the $49-billion 'bailout' money..........and the Gov't just resold about $700-million in common stock shares back to private investors.
Government Teat-sucker
Joined: Oct 2003
Posts: 9,748
Likes: 1
From: Virginia Beach
Here's my card:Stu's FUBAR Services
No company too big.