Ford Motor Co Chief Executive Officer Mark Fields made $18.6 million in salary and other compensation last year, below the $23.2 million that predecessor Alan Mulally received in 2013, the company said on Friday. Last year's compensation for Fields, 54, was for half the year as CEO and half as chief operating officer. For 2013, he made $10.2 million as COO.
Mulally, who was replaced by Fields on July 1, made $22 million in salary and other compensation for 2014. Ford's board decided he deserved a full year's worth of stock awards because the company felt his impact for the full year, a spokesman said. Earlier this month, Fiat Chrysler Automobiles said its CEO, Sergio Marchionne, received 31.3 million euros (about $38 million at end-2014 exchange rates).
General Motors Co has said its CEO, Mary Barra, would make about $14.4 million for 2014. The company has not yet disclosed her specific 2014 compensation.
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