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Ford CEO Made $17.7 Million Despite Rough Year

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Ford CEO Jim Hackett's compensation rose 6% to $17.75 million, from $16.7 million in 2017, despite the company's difficult 2018 results which saw profits drop by more than 50%. The automaker struggled in Europe and Asia last year as it attempts to complete a major overhaul of its strategy. Ford's share price fell 40% last year but Hackett earned $1.3 million in basic pay, a $1 million bonus, $10.3 million in stock awards plus $3.6 million from the company's incentive plan.

Added on the 18/03/2019 09:17:51 - Copyright : Wochit

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