Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Friday, April 6, 2007

Big Bucks for Ford Motor Execs

Executive compensation at the struggling U.S. auto manufacturers continues to draw attention.  Ford Motor's SEC filing disclosed that it paid a total of $62 million to its senior management after losing $1.5 billion last year.  This includes $28.2 million paid to new CEO Alan Mulally for four months' work (including a signing bonus of $18.5 million for leaving Boeing).  See WSJ, Ford Leaders' Pay Packages
May Heighten Labor Tension
; NYTimes, Ford Pays Chief $28 Million for 4 Months’ Work.

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