Highlights
News, articles and information about private company and public company executive compensation, including salary and stock options.
News, articles and information about private company and public company executive compensation, including salary and stock options.
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House Majority Whip: CEOs of Big Three carmakers should go as condition of federal help
Associated Press WriterCOLUMBIA, S.C. (AP) _ The chief executives of the nation's Big Three automakers should give up their jobs, not just their lavish executive pay packages as a condition of $25 billion in proposed federal help to keep the companies operating, U.S. House...Tags: Chrysler LLC, General Motors Corp., Ford Motor Co., Automotive Equipment
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House leader: Oust CEOs of Big Three automakers
Associated Press WriterThe chief executives of the nation's Big Three automakers should give up their jobs, not just their lavish executive pay packages as a condition of $25 billion in proposed federal help to keep the companies operating, U.S. House Majority Whip Jim...Tags: Chrysler LLC, General Motors Corp., Ford Motor Co., Automotive Equipment
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Detroit Three preparing cuts for Congress, but debt may be obstacle to federal loans
AP Auto WriterDETROIT (AP) _ They'll park some corporate jets, cut executive pay and serve up concessions from the United Auto Workers, but Ford Motor Co., General Motors Corp. and perhaps Chrysler LLC also will have to address massive debts to persuade a skeptical...Tags: Financial and Business Services, Research, General Motors Corp., Vehicles, Chevrolet
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Autoworker chief pleads for government aid as Detroit's Big 3 prepare plans for Congress
Associated Press WriterWASHINGTON (AP) _ The head of the United Auto Workers made a public plea Sunday for government help for U.S. carmakers as the Big Three put the final touches on stabilization plans to submit to Congress. "We cannot afford to see these companies fail,"...Tags: Parliament, Harry Reid, Chrysler LLC, General Motors Corp., Nancy Pelosi
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Autoworker chief pleads for government aid
Associated Press WriterThe head of the United Auto Workers made a public plea Sunday for government help for U.S. carmakers as the Big Three put the final touches on stabilization plans to submit to Congress. "We cannot afford to see these companies fail," said Ron...Tags: Parliament, Harry Reid, Chrysler LLC, General Motors Corp., Nancy Pelosi
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No Way To Run A Business
In response to the Nov. 27 Business Brief "Executive Pay": Did I read this right? American International Group plans to pay 130 managers up to $3 million each just to stay on board. Do those managers really have lots and lots of other job offers in...Tags: American International Group, Haddam, East Haddam
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Big 3 carmakers revamp plans to secure federal bailout
A list of job cuts, shuttered factories, canceled bonuses and commitments to fuel-efficient cars won't be enough next week when U.S. automakers get another shot at persuading Congress to give them $25 billion in loans. Through this weekend, teams will be...Tags: Financial and Business Services, Carl Levin, General Motors Corp., Sales, Vehicles
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Former executives of troubled UBS forgo $18 million in salary, pay
Associated Press WriterLUCERNE, Switzerland (AP) _ Former executives who oversaw massive losses at Swiss banking giant UBS AG will repay a further 22 million Swiss francs ($18.45 million), Chairman Peter Kurer said Thursday. The repayments by the unidentified individuals bring...Tags: Freddie Mac, Corporate Officers, UBS AG, Wages and Pensions
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Ford resists pressure to cut CEO's pay
THE WALL STREET JOURNALTHE WALL STREET JOURNAL Ford Motor Co. is so far resisting pressure to cut the salary of its chief executive despite increasing scrutiny of top management at all three Detroit automakers seeking emergency help from the federal government. In a...Tags: American International Group, Chrysler LLC, Allstate Corporation, National Government, Ford Motor Co.
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AIG still plans 'cash awards' for 130 managers
American International Group Inc., the insurer that said Tuesday it scrapped bonuses for top executives after a U.S. bailout, will still pay 130 managers "cash awards" to stay with the firm, including $3 million to retirement services chief Jay Wintrob....Tags: American International Group, Insurance
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AIG limits chief's salary to $1 this year and next
CHARLOTTE, N.C. American International Group Inc. said yesterday that it is limiting how much it pays its top executives, including granting a $1 salary for this year and the same for 2009 to Chief Executive Edward Liddy. The decision is one of many...Tags: American International Group, Insurance, Wages and Pensions
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Rationale for saving Citi
Associated PressTaxpayers might be wondering why they're forking over more money to rescue Citigroup while their own nest eggs crack and jobs evaporate. The government has decided that guaranteeing hundreds of billions of dollars in possible losses and injecting $20...Tags: State Budgets, Henry Paulson, Dura Automotive Systems Incorporated, Fannie Mae, Further Education
Dec 1, 2008
|Story| Associated Press
Dec 1, 2008
|Story| Associated Press
Dec 1, 2008
|Story| Associated Press
Nov 30, 2008
|Story| Associated Press
Nov 30, 2008
|Story| Associated Press
Nov 30, 2008
|Story| Hartford Courant
Nov 29, 2008
|Story| Newsday
Nov 27, 2008
|Story| Associated Press
Nov 28, 2008
|Story| Chicago Tribune
Nov 27, 2008
|Story| Newsday
Nov 26, 2008
|Story| Baltimore Sun
Nov 25, 2008
|Story| Baltimore Sun
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