Barra to be first GM CEO under incentive plan since bailout


General Motors (GM -1.2%) CEO Mary Barra will earn $1.6M per year in salary, according to a new filing from the company.

She will also be the first boss at GM to receive incentive bonuses for meeting targets since the automaker was bailed out in 2009.

SEC Form 8-K

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Comments (2)
  • arthur rudnick
    , contributor
    Comments (3) | Send Message
     
    A 1.6M Salary is more than enough money for the job. The best incentive should be to allow her to earn that large some of money. GM has not changed at all,most people buy foreign cars because GM is a poorly rated in consumer reports and the products that we have purchased are inferior to many other brands. Mary has been part of the problem. she has been their many years,why are they still rewarding dick wagner's feiends who have destroyed the company?? I HAVE checked out the quality of their cars and they are a shame,,in addition there advertising witch does not even come close to Toyota AND Honda.
    19 Jan 2014, 10:47 AM Reply Like
  • philip.sather
    , contributor
    Comments (3) | Send Message
     
    Best wishes Mary and all the best with your new position...I am a car nut and have had many different brands...I have had foreign and domestic cars...how a car company deals with a potential problem says a lot to me...Fiat is currently trying to resolve fuel tank issues on the Jeep? Hope they come up a better solution.
    19 Jan 2014, 01:10 PM Reply Like
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