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May 07, 2008GM Comp Committee Rewards WagonerGeneral Motors Chief Executive Rick Wagoner's salary and other compensation rose 64 percent in 2007 to about $15.7 million, mainly due to option grants, according to a recently filed proxy. In its CD&A, the GM compensation committee cited significant progress over the past few years in reducing the automaker's healthcare costs, increasing growth internationally, and improvements in sales of its cars and trucks as part of the rationale for the pay packages awarded to top executives.http://www.directorship.com/gm-ceo-comp
May 07, 2008
GM Comp Committee Rewards Wagoner
General Motors Chief Executive Rick Wagoner's salary and other compensation rose 64 percent in 2007 to about $15.7 million, mainly due to option grants, according to a recently filed proxy.
In its CD&A, the GM compensation committee cited significant progress over the past few years in reducing the automaker's healthcare costs, increasing growth internationally, and improvements in sales of its cars and trucks as part of the rationale for the pay packages awarded to top executives.
http://www.directorship.com/gm-ceo-comp
