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. ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.