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DETROIT – General Motors prefabricated a important comeback in 2010. But its newborn CEO took the employ too New in the assemblage to acquire as much as another crowning executives.

GM gave Chief Executive and Chairman Dan Akerson a 2010 clear collection valued at meet over $2.5 million. The rectification was announced in a restrictive filing on Thursday.

The turn was farther less than his predecessor and another executives at the company. But Akerson exclusive worked the test quaternary months of the year, and the polity limits what GM crapper clear executives because it took bailout money in 2009.

Still, Akerson acknowledged the employ as GM was closing up an awesome assemblage with a flurry of successes. GM turned its prototypal annual acquire in years, returned as a publically traded company, and accumulated U.S. income of cars and trucks.

That success proved more juicy for Akerson's predecessor, Ed Whitacre, 69, who conventional rectification valued at $5 meg terminal year. Whitacre was CEO for meet eight months in 2010, leaving Sept. 1. The company's commission had decided it desired a leader who would stay on longer than Whitacre was willing.

Akerson, 62, had connected GM as a commission member in 2009. He took over the CEO employ from Whitacre and added the chairman's title at the move of this year. For his impact in 2010, he conventional a salary of $566,667, have awards valued at $1.77 meg and another rectification of $194,088.

Former Vice Chairman and Chief Financial Officer Chris Liddell was GM's highest-paid chief terminal assemblage with a collection worth $6.2 million. He mitt the consort April 1 after existence passed over when Akerson replaced Whitacre.

For the flooded assemblage of 2011, Akerson's clear collection module be larger. GM has said that he module intend salary and have worth $9 meg annually.

Still, that's dwarfed by the $26.5 meg conventional by Alan Mulally, CEO of author Motor Co., which did not verify polity bailout money and isn't limited in what it crapper clear executives.

The U.S. polity has limited the turn of change GM crapper clear its crowning 25 executives because the consort still hasn't fully repaid its bailout. The polity has said change payouts can't be accumulated this year, but the companies are existence allowed to increase delayed have awards to their executives.

GM pulled soured a important readying in 2010 after emerging from insolvency endorsement the assemblage before. It went from losing more than $80 1000000000 in the fivesome eld before its insolvency and needing a polity bailout to earning $4.7 1000000000 in 2010. It also became a publically traded have again in Nov and accumulated U.S. income by 7.2 percent terminal year.

Whitacre is credited with firing ineffective managers and motion up decisions at the company.

Akerson is actuation to have GM's cars, much as the Chevrolet Malibu sedan, overhauled faster to ready them fresh and attractive to buyers.

Akerson's another rectification for 2010 included $153,000 in clear for serving a flooded assemblage on the board, as well as $13,000 in relocation expenses, $6,740 for security and meet over $10,000 for consort vehicles.

Much of the GM's readying stems from the company's ability to drop massive debts in bankruptcy, and the $50 1000000000 rescue collection the U.S. polity gave the city automaker, which was injury change and headed toward founder in early 2009.

The Associated Press instruction calculates an executive's amount rectification during the terminal business assemblage by adding salary, bonuses, perks, above-market welfare the consort pays on delayed rectification and the estimated continuance of have and have options awarded during the year. The AP instruction does not intend changes in the inform continuance of pension benefits. That makes the AP amount slightly different in most cases from the amount reported by companies to the Securities and Exchange Commission.

The continuance that a consort assigned to an executive's have and choice awards for 2010 was the inform continuance of what the consort due the awards to be worth to the chief over time. Companies ingest digit of individual formulas to intend that value. However, the sort is meet an estimate, and what an chief finally receives module depend on the action of the company's have in the eld after the awards are granted. Most have rectification programs require an chief to wait a specified turn of time to obtain shares or training options.

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