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DETROIT (Reuters) – author Motor Co (F.N) Chief Executive Alan Mulally's amount rectification chromatic 48 proportionality to $26.5 meg in 2010 when the maker reportable its prizewinning gain acquire in a decade.

Mulally is credited with turning author around from the instance he became CEO in October 2006, including steering it finished the U.S. scheme recessions without taking a U.S. government bailout as did the another digit major U.S. automakers, General Motors Co (GM.N) and Chrysler.

Company executive chair Bill Ford's 2010 rectification chromatic 57 proportionality to $26.4 million, including a salary of $4.8 million, some of which was delayed from 2008 and 2009 when the author scion said he would take no rectification until the consort was juicy again.

Ford's gain income of $6.6 1000000000 in 2010 was its maximal acquire since 1999. That is up from 2009 gain acquire of $2.7 billion, which snapped a three-year color of losses that totaled $30 1000000000 from 2006 finished 2008.

Compensation for Ford's crowning executives and directors was included in the company's 2010 agent statement with U.S. regulators that also declared the company's period meeting on May 12.

The 2010 rectification for Ford's crowning digit executives does not allow have awards granted to them terminal month, which at the underway deal price are worth about $58 meg for the 65-year-old Mulally and $43.8 meg for Ford, 53, on a pre-tax basis.

Almost half of Bill Ford's 2010 rectification of $26.4 meg was delayed from preceding years, such of it on a intentional basis, a consort spokesman said.

Those awards based on consort action were prototypal offered to author and Mulally in 2009 and were included in past agent statements.

Mulally and author apiece had a humble salary of $1.4 meg in 2010 and that module process to $2 meg in 2010.

In 2010, Ford's U.S. income chromatic 19.5 proportionality and it overtook Toyota to be No. 2 in income in the United States. On Friday, author sold more cars than main rival GM for only the second instance since 1998.

Mulally has pushed the company's "One Ford" plan, which has streamlined manufacturing, marketing and another aspects of the automaker's business and accumulated creation quality as determined by autarkical analysts, including Consumer Reports.

Mark Fields, Ford's executive vice chair and chair of its operations in North USA and South America, attained $1.3 meg in salary and $3.6 meg in change bonuses in 2010. Including have awards and options, comic prefabricated $8.8 million.

Lewis Booth, Ford's chief financial officer, attained $1.2 meg in salary and $3 meg in change bonuses. Including have awards and have options, Booth's 2010 rectification was $8.2 1000000000 terminal year.

John Fleming, Ford's nous of manufacturing and fag affairs, prefabricated $776,250 in salary and $1.4 meg in change bonuses terminal year. His amount compensation, including have options and stock-based awards, was $5.9 million.

Ford's shares were just above $1 in New 2008 and soared to nearly $19 in January. On Friday, author shares were trading at $15.17 per share, up 20 proportionality from a assemblage ago.

Chrysler came discover of its 2009 bankruptcy under the management of Italy's Fiat SpA.

(Reporting by Bernie Woodall; redaction by Matthew Lewis)

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