With the addition of a new position and company earnings relatively strong during an economic downturn, General Motors Corp. Chairman and CEO Rick Wagoner’s 2003 compensation included a cash bonus – his first in three years – and a pay raise. According to GM’s proxy report, Wagoner, who added chairman to his duties in 2003 after the retirement of Jack Smith, received a $2.86 million cash bonus and 10% pay raise to $2.2 million. His total compensation was $8.5 million plus stock options, ...
Premium Content (PAID Subscription Required)
"Bonuses Return for GM Executives" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.