General Motors Corp. CEO Rick Wagoner and CFO John Devine each received raises due to the No.1 auto maker’s improving financial performance, according to a company proxy statement. Wagoner received a 29% raise in base pay, bringing his salary to $2 million for last year. Including $560,000 in long-term incentives based on GM’s performance, Wagoner earned $2.56 million in 2001. However, Devine earned $4.8 million – mostly in bonuses – double Wagoner’s pay if stock options are excluded. He ...
Premium Content (PAID Subscription Required)
"Wagoner and Devine Reap Raises at GM" 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!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642