Business

When It Comes to Salaries, It's Good to Be GM's Mary Barra

April 24, 2015, 5:08 PM

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Mary Barra

If we're talking salaries, well, it's good to be General Motors CEO Mary Barra.

She made $16.16 million in total compensation last year, Melissa Burdnen of The Detroit News reports. That exceeded her target, but was short of amounts she and other executives could have earned if business performance objectives had been fully achieved, the News writes.

Barra, who became the auto industry's first female CEO on Jan. 15, 2014, taking over for a retiring Dan Akerson, had a target to earn $14.4 million in 2014. She made more than the target because she received $1.76 million in restricted stock awards that were for 2013 performance, the Detroit automaker announced Friday as part of the release of its proxy filing to federal regulators.

 


Read more:  The Detroit News


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