In April, Ford reported Mr. Mulally received $2 million in base salary, a $4 million bonus and more than $11 million of stock and options in 2007. His base salary was unchanged over 2006. Mr. Mulally has earned nearly $50 million in compensation since taking the helm of the auto maker.
Why exactly are we listening to a man who has been paid $50 million while his firm is going down the toilet?
Here is the Wall Street Journal article, where I got this data: Ford’s CEO obscene pay package
In the same article it mentions that the GM CEO got a 33% bump in salary to $2.2 million while GM lost $38.7 billion.
Are you kidding me? Why should I pay my hard earned tax dollars to these bloodsuckers?