{"id":549,"date":"2010-07-20T09:43:01","date_gmt":"2010-07-20T13:43:01","guid":{"rendered":"http:\/\/www.salaryfor.com\/blog\/?p=549"},"modified":"2010-09-23T21:51:42","modified_gmt":"2010-09-24T01:51:42","slug":"mulally-out-earned-toyoda-and-ghosn-combined-in-2009","status":"publish","type":"post","link":"https:\/\/salaryfor.com\/blog\/mulally-out-earned-toyoda-and-ghosn-combined-in-2009\/","title":{"rendered":"MULALLY OUT-EARNED TOYODA AND GHOSN COMBINED IN 2009"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/t1.gstatic.com\/images?q=tbn:VTt5HU7bvLHfTM:http:\/\/www.blogcdn.com\/www.bloggingstocks.com\/media\/2006\/11\/ford-mulally-3.jpg\" alt=\"\" \/> A new report that focuses on automaker chief executive officer compensation has suggested that\u00a0Ford\u2019s high-profile CEO, Alan Mulally, managed to bring home more compensation in 2009 than both Akio Toyoda and Carlos Ghosn \u2013 combined.<\/p>\n<p>The report, compiled by\u00a0<em>Bloomberg<\/em>, refers only to the executives\u2019 pay as \u201ccompensation,\u201d but falls short of differentiating between salary and other forms of compensation.<em> Leftlane<\/em> issued a\u00a0detailed report in mid-May\u00a0that outlined the potential for major payouts to\u00a0auto\u00a0industry executives for 2009, in which we explained the reasons for such dramatic pay increases.<\/p>\n<p>The\u00a0<em>Leftlane<\/em> report discussed the fact that many auto executives were poised for major net-earnings following strong recoveries at the companies they represented due to their heavy compensation bias in stock options. Alan Mulally, for example, took only a $1 annual salary for 2008, but his stock options were issued when\u00a0Ford\u00a0stock was trading at $1.96 \u2013 compared to a value roughly five to six times that figure today.<\/p>\n<p>As a result, the value of Mulally\u2019s stock options provided for a healthy total compensation, especially when compared to Toyoda and Ghosn.\u00a0<em>Bloomberg<\/em>says that Toyoda received approximately $1.1 million in total compensation for 2009, a number reduced due to the recall struggles that battered the beleaguered automaker. Carlos Ghosn, Renault-Nissan\u00a0CEO, earned just shy of $10 million for 2009, with\u00a0Honda\u2019s CEO, Takaobu Ito earning just under $1.3 million.<\/p>\n<p>the average compensation for\u00a0automotive\u00a0CEOs came in at roughly $12 million for 2009, based on a study by Towers Watson &amp; Co., a U.S. benefits consulting firm. Towers Watson says that Mulally led all CEOs with $17.9 million in compensation.<\/p>\n<p><em>source: <\/em><strong><a href=\"http:\/\/www.leftlanenews.com\/mulally-out-earned-toyoda-and-ghosn-combined-in-2009.html\" target=\"_blank\" rel=\"noopener\">leftlanenews<\/a><\/strong><\/p>\n<p style=\"text-align: left;\"><strong><a href=\"http:\/\/www.salaryfor.com\/\" target=\"_self\"><span style=\"color: #3399cc;\">click here for more salary information<\/span><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new report that focuses on automaker chief executive officer compensation has suggested that\u00a0Ford\u2019s high-profile CEO, Alan Mulally, managed to bring home more compensation in 2009 than both Akio Toyoda and Carlos Ghosn \u2013 combined. The report, compiled by\u00a0Bloomberg, refers only to the executives\u2019 pay as \u201ccompensation,\u201d but falls short of differentiating between salary and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[622,606,609,610,611,615,617,620,618,613,621,612,616,614,607,608,39,619,431,623],"class_list":["post-549","post","type-post","status-publish","format-standard","hentry","category-business-stories","tag-10-million","tag-akio-toyoda","tag-alan-mulally","tag-annual-salary","tag-auto-executives","tag-auto-industry","tag-bloomberg","tag-carlos-ghosn","tag-ceos","tag-chief-executive-officer","tag-consulting-firm","tag-forms-of-compensation","tag-high-profile","tag-industry-executives","tag-profile-ceo","tag-renault-nissan","tag-salary-information","tag-six-times","tag-stock-options","tag-watson"],"_links":{"self":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/comments?post=549"}],"version-history":[{"count":5,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/549\/revisions"}],"predecessor-version":[{"id":897,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/posts\/549\/revisions\/897"}],"wp:attachment":[{"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/media?parent=549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/categories?post=549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/salaryfor.com\/blog\/wp-json\/wp\/v2\/tags?post=549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}