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GM’s CEO Mary Barra May Receive Compensation of $14.4 Million This Year

Source: Bloomberg.com


General Motors Co. Chief Executive Officer Mary Barra, who started the job last month, may receive total compensation this year of $14.4 million, $10 million more than the largest U.S. automaker previously disclosed.

Barra, who became the first female CEO of a global carmaker Jan. 15, may receive $10 million in long-term compensation as part of her package, the Detroit-based company said yesterday in a statement. That portion is subject to shareholder approval at GM’s annual meeting in June and the final amount depends on the company’s performance, GM said.


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