Thursday, May 25, 2017

What Ford's new, old CEOs could be paid, as other job changes are announced

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Ford said Wednesday that new CEO Jim Hackett is eligible for at least $13.4 million in total annual compensation. ​​​His prececessor, Mark Fields, meanwhile, who was ousted by the board over the company's 37 percent stock slide, could walk away with about $57.5 million in compensation, Bloomberg reports. The bulk of Fields' consolation prize is in unvested stock awards worth $29.4 million, as of Wednesday's close, that will vest through 2020. Fields also is eligible for $17.5 million in retirem

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What Ford's new, old CEOs could be paid, as other job changes are announced originally appeared on Autoblog on Thu, 25 May 2017 09:15:00 EDT. Please see our terms for use of feeds.

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