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US: Mulally receives US$58.3m in stock for turnaround

Ford’s Chief Executive Alan Mulally has received US$58.3m (before tax) in stock from a 2009 incentive plan in response for successfully turning around the OEM’s fortunes, reports Bloomberg, citing filings with the US Securities and Exchange Commission. Mulally’s cost-cutting steps returned the company to profit after years of loss. The Subscribe to Automotive World to … Continued

Ford’s Chief Executive Alan Mulally has received US$58.3m (before tax) in stock from a 2009 incentive plan in response for successfully turning around the OEM’s fortunes, reports Bloomberg, citing filings with the US Securities and Exchange Commission. Mulally’s cost-cutting steps returned the company to profit after years of loss. The

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https://www.automotiveworld.com/articles/92446-us-mulally-receives-us-58-3m-in-stock-for-turnaround/

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