Ford Motor CEO Mulally gets nearly $12 million in performance bonuses

[riky]

Ford Motor CEO Mulally gets nearly $12 million in performance bonuses

<p><a href="http://news.yahoo.com/ford-motor-ceo-mulally-gets-nearly-12-million-011553443--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/rNlrKskLB34Q_MVYI_eZ.w--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-03-06T011553Z_1_CBRE92503IK00_RTROPTP_2_CBUSINESS-US-FORD-MULALLY.JPG" width="130" height="86" alt="Ford Chief Executive Officer Alan Mulally arrives for his company's press availability at the North American International Auto Show in Detroit" align="left" title="Ford Chief Executive Officer Alan Mulally arrives for his company's press availability at the North American International Auto Show in Detroit" border="0" /></a>DETROIT (Reuters) - Ford Motor Co Chief Executive Alan Mulally this week was awarded performance bonuses worth nearly $12 million, Ford disclosed to U.S. regulators on Tuesday. The amount Mulally makes from the shares depends on their value on the day he sells them. They were worth $11.7 million based on Tuesday's closing price of $12.88. Ford also said Mulally received $7 million of shares that became fully vested this week, based on 2010 equity awards. In addition, Mulally was awarded 745,526 shares in stock options with a strike price of $12. ...</p><br clear="all"/>

Source: You are not allowed to view links. Register or Login