Job 1?
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Elder User
Joined: Feb 2003
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Job 1?
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.
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.
Moderator
Joined: Dec 2001
Posts: 22,436
Likes: 17
From: Louisville,Ky.
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.
I think it was over 11 million paid to Boeing.
Senior User
Joined: Aug 2007
Posts: 436
Likes: 0
From: E Washington
pay incentives????
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!!!!
Super Moderator
Joined: Jan 2008
Posts: 40,050
Likes: 1,524
From: Maine, Virginia
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
Postmaster
Joined: Nov 2004
Posts: 2,511
Likes: 0
From: Marion, VA
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!!!!
Senior User
Joined: Aug 2007
Posts: 436
Likes: 0
From: E Washington
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!!!!
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