Ford CEO Fields In Line for 9% Salary Increase

Newswire

DETROIT, July 2 (Reuters) - Ford Motor Co said on Wednesday its new chief executive officer, Mark Fields, will receive a 9 percent increase in his base salary, as well as stock options and a performance-based bonus. Ford said in documents filed with U.S. regulators that Fields' base salary will be $1.75 million this year, up from $1.6 million last year when he was chief operating officer. Fields, 53, took the CEO reins from Alan Mulally on Tuesday. Last year, Fields' total ...

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