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Amidst slow auto sales in Europe, top executives at both Volkswagen and Daimler AG will be receiving pay cuts in 2013, which comes at the same time as conflicting reports of a possible pay increase for General Motors CEO Dan Akerson (right in photo above). According to Automotive News Europe, VW ...
Chrysler has filed its annual financial report with the Security and Exchange Commission, and a few important tidbits have thus been revealed. For instance, company CEO Sergio Marchionne was paid exactly zero dollars last year in compensation for the role he played in rescuing Chrysler from the ...
There were some raised eyebrows after Ford CEO Alan Mulally raked in U.S. $26.5 million in 2010, even after the company realized a healthy profit and significantly improved sales. But while Mulally got a big cheque for being instrumental in the company's high-profile turnaround, he wasn't even the ...