Ford CEO Mulally gets $56.5M in stock award (AP)
DEARBORN, Mich. – author Motor Co. has rewarded CEO Alan Mulally with have worth $56.5 meg before taxes.
Executive Chairman Bill author Jr., the man who hired Mulally, got have worth $42.4 million.
The Dearborn, Michigan, consort unconcealed the awards in filings weekday with the Securities and Exchange Commission. Shares were granted on Thursday.
Ford was in financial venture when Mulally took over in 2006. It mortgaged assets to borrow more than $23 1000000000 and was healthy to refrain bankruptcy.
Last assemblage the consort prefabricated $6.6 billion, its prizewinning assemblage since 1999. Sales terminal assemblage chromatic nearly 20 percent.
Mulally paid $23 meg to taxes, patch Bill author paid $17 meg in taxes.
Both men also got options to acquire have at $14.76 per share. That's higher than Monday's approaching price of $14.01.
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