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Posts Tagged ‘Ford executive compensation’

Ford’s Fields Collects $18.6 Million for 2015

CEO takes small compensation cut due to pension fluctuation.

by on Mar.18, 2016

Ford Motor Co. CEO Mark Fields earned nearly $18.6 million in total compensation in 2015, including a base salary of $1.75 million.

Last year was banner year for auto industry sales; however, Ford executives, led by CEO Mark Fields’ $18.6 million in compensation, fared well, they didn’t set new records in 2015.

Fields earned just under $18.6 million in salary and incentives, which was down from the previous year’s total of $18.9 million. The difference stems from a change in pension value. It dropped to $858,157 from $3.6 million in 2014. Pension values change annually due to a variety of factors, including discount rates and other issues beyond Ford’s control.

Performance News!

However, in terms of what Fields found in his paycheck every two weeks, his base salary increased from $1,662,500 to $1,750,000. Overall, his compensation includes a $3.2 million bonus, long-term stock options and other awards. (more…)

Ford Chief Fields Earns More Than $18 Million

CEO’s compensation includes salary of $1.6 million.

by on Mar.27, 2015

Ford CEO Mark Fields received more than $18 million in compensation in 2014.

Strong auto sales often means there’s money to go around for workers. The top “worker” at Ford, Mark Fields, earned $18,596,497 in 2014 as the company earned a pre-tax profit of $6.3 billion.

Fields’ compensation, which is a combination of his base salary and stock awards, options and other awards, was an increase from 2013 when his compensation was $10,170,578 as Ford’s chief operating officer.

Auto Insight!

Fields, who took over as CEO on July 1, earned a base salary of $1,662,500 last year. His total compensation includes a $3,185,000 bonus, long-term stock options and other performance-based equity awards. (more…)

Ford Gives Mulally a 10-Percent Raise in 2013

Most of company’s top executives also get increases.

by on Mar.28, 2014

Based on his 2013 compensation, Ford CEO Alan Mulally could buy a few 2015 Mustangs.

Ford Motor Co. boosted the compensation of chief executive officer Alan Mulally by approximately 10% in last year to $23,204,534 from the $20,955,806 he earned during 2012, according to the company annual proxy statement, which was filed with Securities Exchange Commission.

Mark Fields, Ford chief operating officer, got a 20% bump in salary to $10.370,578, while executive chairman William Clay Ford Jr., took a pay cut as his salary dropped to $11,955,829 from $14,836,013. The drop was followed a $3.2 million drop in Ford’s deferred compensation, which fell to zero in 2013.

The Last Word!

Robert Shanks, Ford’s chief financial officer, saw his 2013 compensation also dropped by 20% to $4,089,621 as the deferred compensation fell to zero last year from $1.9 million in 2012. (more…)