New Ford CEO has base salary of $1.75 million
July 3 , 2014
Mark Fields, the new CEO of Ford, will get a 14% hike in salary from what he was earning as COO.
His new base salary is $1.75 million, reports said.
The base salary of the outgoing CEO, Alan Mulally, was $2 million towards the end of his tenure.
Fields will also get a bonus linked to performance which could fetch him $3.5 million, besides 710,227 stock options, reports quoting a regulatory filing said.