Big incentives for Ford CEO - WDRB 41 Louisville News

Big incentives for Ford CEO

Posted: Updated:

LOUISVILLE, KY. (WDRB) -- The Ford Motor Company's CEO is getting paid big bucks for his performance in leading the company.

Alan Mulally was given incentives this week worth nearly $12 million.

Ford also said he received $7 million worth of shares that became fully vested this week, and hundreds of thousands more that will be vested over the next three years.

Mulally has led the automaker's turnaround since he became chief executive of the then-struggling company in 2006.  His paycheck for last year will be revealed later this month.

Copyright 2013 WDRB News.  All Rights Reserved.

  • Closed CaptioningMore>>

  • Closed Captioning Message

    Thanks to a grant from Norton Healthcare, this story and others are available in real-time closed captioning on WDRB.
    Thanks to a grant from Norton Healthcare, this story and others are available in real-time closed captioning on WDRB.More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WDRB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.