Salary of the new CEO of GM could reach $ 14 million

Salary of the new CEO of GM could reach $ 14 million

Mary Barra, CEO of General Motors, should receive a total salary of $ 14.4 million this year. According to the automaker, Mary can receive $ 10 million in compensation over the long term as part of your package.

"The company reported total figures before submitting the report of the directors in April to correct misperceptions created by comparisons that used only a portion of total compensation of Barra," GM said in a statement sent by email.

In January, GM said Barra, 52, win $ 1.6 million salary and $ 2.8 million as part of the incentive plan of the company in the short term. Barra, who was director of the automaker's products, took the place of Dan Akerson, who resigned last month to take care of sick wife. Akerson earned $ 11.1 million in 2012.

After being quoted in Discourse on State of the Union Barack Obama in January, the compensation package Barra received media criticism. "Why GM believes that the value of Barra as CEO is currently 52 percent lower than Akerson?" Wrote Elizabeth MacDonald on February 3 in Foxbusiness.com.

The remuneration of CEOs of other global automakers varies. The CEO of Ford Motor Co., Alan Mulally, received about $ 21 million in compensation in 2012. . President of Toyota Motor Corp., Akio Toyoda, earned 184 million yen ($ 1.8 million) in 2012, Martin Winterkorn, Volkswagen AG, earned 14.5 million euros ($ 19.8 million) and Dieter Zetsche, Daimler AG, gained 8.15 million euros.

Read more automotive news

Dacia launch "popular Twingo"

The Dacia brand's low-cost Renault for Europe, is expected to gain a popular version of the new Twingo (photo).

Ford Focus ST will work with diesel

No sooner the new Focus was showing at the Geneva Motor Show, and Ford have already announced the ST version, which will be diesel powered.

Skoda should become more refined

The Volkswagen Group is working to raise the standard of the Skoda brand. The information was revealed by Winfried Vahland, CEO of the brand originates from the Czech Republic, the website Automotive News Europe.

Futuristic concept EDAG Genesis will be in Geneva

The Geneva Motor Show 2014 promises to be too busy in the question "unusual models." One was displayed on Thursday (27): the EDAG Genesis concept, futuristic design which is inspired by a tortoise shell.

Crossover Bentley should cost over 120 thousand pounds

Bentley wants to launch its crossover in the global market in 2016. According to Auto Express website, the British manufacturer has worked extensively in design improvements in the external and the internal visual model, anticipated the concept car EXP 9 (photo).

Zenvo ST1 will be exhibited in Geneva

The Zenvo, the Danish automaker, will unveil the production version of ST1 supercar at the Geneva Motor Show, which opened to the public event is scheduled for March 6.

Leaked images of the BMW 4 Series Gran Coupe

The BMW had already announced the official presentation of the 4 Series Gran Coupe to the next Geneva Motor Show, scheduled to open March 5. Some pictures of the model, however, circulating the Internet on Friday (31).

BMW 435i brings to Brazil for $299,950

The BMW starts selling one model in newly released Series 4 in Brazil. This is the 435i, equipped with 3.0 biturbo engine of 306 horsepower and 40.7 Nm of torque, which arrives at dealerships by brand worth $ 299,950.

Volkswagen Amarok is seen in tests with new lighthouse

Though available in the market since 2010, the Volkswagen Amarok pickup still had no xenon headlights, which may soon change. This is because the model was seen in tests with a new optical assembly.

Volvo do Brazil announces new president

Volvo Cars of Brazil announced on Monday (27) that the economist Luis Rao assumed the presidency of the company. He belongs to the staff of the automaker since 2008, when he became CFO of Volvo for Brazil and Latin America, but since the end of last year, already occupied the post of interim president.