GM CEO's compensation jumps 64 percent in 2007

Newswire

DETROIT, April 25 (Reuters) - General Motors Corp 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 proxy filed on Friday. Wagoner's compensation rose from about $9.57 million in 2006. The figure was arrived at based on Wagoner's salary, all other compensation and the basis of annual grants. GM paid Wagoner a salary of $1.6 million in 2007, along with $1.8 million in non-equity ...

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