GM gives out stock bonuses for first time since 2003

Newswire

NEW YORK, March 23 (Reuters) - For the first time since 2003, General Motors Corp. is giving bonuses in the form of stock to Chairman and Chief Executive Rick Wagoner and other top executives. Wagoner received restricted stock valued at $2.8 million and 500,000 options, according to a filing with the Securities and Exchange Commission. The company will disclose full compensation details in its annual proxy, which will be released in April. The world bigest automaker reported last week ...

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