[quote=“66impalass,post:33,topic:28162"”]
just think how much better that car would be if they didn’t have to cut corners to increase the profit margin to pay for the UNION
[/quote]
General Motors Corp. CEO Rick Wagoner made $10.2 million in 2006, a year in which the automaker pared its losses but continued to lose money on its struggling North American operations.
Wagoner received $1.28 million in salary, $6.67 million worth of stock options and awards and $769,566 in other compensation, according to filing with U.S. regulators today.
The 54-year-old CEO, who’s spent three decades working for GM, made $8.5 million in 2005 and $10 million in 2004.
Wagoner’s take is just over one-third of the $28.2 million that Ford Motor Co.'s new president and CEO Alan Mulally earned during his first four months on the job.
GM Vice Chairman Bob Lutz made $8.4 million last year, including $1.16 million in salary, $2.93 million in stock options and awards and $445,679 in other compensation. Chief Financial Officer Fritz Henderson received cash compensation totaling $5.2 million.