BILL FORD RETROACTIVELY PAID FOR WORK AS CHAIRMAN

By Mark Kleis Ford Motor Company’s executive chairman, Bill Ford Jr., vowed five years ago not to take any payment from the automaker that bears his name until the company’s automotive sector achieved a full year of profitability without the aid of special items. Following five consecutive quarters of profitable growth, Bill Ford Jr. will finally end his […]

Ford’s Alan Mulally receives million dollar raise for 2009 by MARK KLEIS

Ford’s CEO, Alan Mulally, who is often credited for the automaker’s recent turnaround, received a raise of nearly six percent to a total compensation package of $17.9 million for his effort in 2009. Ford posted a $2.7 billion profit for 2009 – the first annual profit in four years. In 2009 Alan Mulally earned just […]

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