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Ford CEO Fields Eligible for 33% Raise
Mark Fields, who succeeded Alan Mulally as CEO at Ford Motor Co. on July 1, could receive nearly $5.3 million in direct compensation this year one-third more than he was eligible for as COO last year, according to a regulatory filing.
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Mark Fields, who succeeded Alan Mulally as CEO at Ford Motor Co. on July 1, could receive nearly $5.3 million in direct compensation this year one-third more than he was eligible for as COO last year, according to a regulatory filing.
Ford says Fields' salary in 2014 will be $1.75 million, and he is eligible for a bonus as large as $3.5 million. He also may receive stock grants and options. Last year such options hiked Fields' total compensation to $10.2 million.
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