DETROIT – Ford Motor Co. cut compensation to its top five executives by 60% in 2001, due to lackluster financial and market share performance, according to a company proxy statement filed April 9. The statement shows the auto maker eliminated all executive bonus and long-term stock incentive award payouts that were to be made during the year. The filing made with the Securities and Exchange Commission also reveals former President and CEO Jacques Nasser, who was forced to resign on Oct. ...
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