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)

"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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.