Ford CEO Alan Mulally's Pay Fell 29% in 2012
Ford CEO Alan Mulally's pay fell nearly 30 percent to $21 million last year, dragged down by heavy losses in Europe and lower market shares in the U.S. and elsewhere.
Ford CEO Alan Mulally's pay fell nearly 30 percent to $21 million last year, dragged down by heavy losses in Europe and lower market shares in the U.S. and elsewhere.
Ford CEO Alan Mulally and Executive Chairman Bill Ford, have been awarded $56.5 million and $42.4 million in stock, respectively, in recognition for the company's stunning turnaround, which resulted in the automaker raking in $6.6 billion last year -- its best performance in more than a decade.
Analysts forecast that Ford will announce a profit of 48 cents a share on revenue of about $30.6 billion when it releases earnings on Friday. That translates into an expected pretax profit of $8 billion in 2010, the best Ford has seen since 1999.
The recent winning bidder for a low-mileage 2008 Ford Escape hybrid may have gotten more than he or she bargained for -- especially if it's dark gray in color. It seems that matches the description of the vehicle President Barack Obama drove prior to his bid to become president of the United States.




