On making $43,750 per hour
Ford, who posted a $12.7 BILLION net loss last year, paid its CEO Alan Mulally $28 MILLION for four months work.
This is just plain wrong.
Link to article: link
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Of course, Alan Mulally still has a lot to learn!
From, for example:
Occidental’s Ray Irani: $400 million in 2006
Oracle’s Larry Ellison: $706 million in 2001
Walt Disney’s Michael Eisner: $570 million in 1998
or
Exxon Mobile’s Lee Raymond with a $400 million retirement package in 2006
See: link
Makes you appreciate all the more their marketing slogan from some years ago, “Where quality is Job 1”. That is a quality salary right there!