General Motors CEO Mary Barra has reportedly received stock compensation worth nearly $3 million for 2015.
Several top executives have received sizable stock awards, consistent with GM’s latest long-term incentive program. Highlights from the first distributions have been outlined in a Reuters report.
Several top executives have received sizable stock awards, consistent with GM’s latest long-term incentive program. Highlights from the first distributions have been outlined in a Reuters report.
The value of Barra’s 79,639 restricted shares will likely change before they become transferrable, beginning in 2016. She is expected to receive approximately $14.4 million in total compensation for 2014, which would represent a 60-percent jump over her predecessor, Dan Akerson.
Other executives to receive incentive packages include president Dan Amman and development chief Mark Reuss, each receiving stock bundles worth around $1 million.
The company is expected to fully detail executives’ 2014 compensation in its April proxy statement.
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