Marchionne Gets $308,000 from Chrysler as CEO
Sergio Marchionne received $308,000 (€472,000) in salary and stock last year as CEO of Chrysler Group LLC, according to a regulatory filing in the U.S.
#regulations
Sergio Marchionne received $308,000 (€472,000) in salary and stock last year as CEO of Chrysler Group LLC, according to a regulatory filing in the U.S.
The award does not include his compensation as CEO of Fiat SpA, which will be announced later this month. Last year that role earned him about €13 million.
Chrysler paid Marchionne $1.23 million for his work in 2012. The total included performance incentives accrued over the previous three years.
RELATED CONTENT
-
Tesla Maxes Out on Tax Credit as U.S. Sales Reach 200,000
Tesla Inc. says it will deliver its 200,000th electric vehicle in the U.S. this month, thereby triggering a phase-out of the $7,500 federal tax credit its vehicles have enjoyed.
-
China Targets 7 Million Annual NEV Sales by 2025
The Chinese government is targeting annual sales of electric and plug-in cars at 7 million units by 2025—nine times last year’s volume.
-
Carmakers Ask 10 States to Help Bolster EV Sales
Carmakers are asking for more support for electric cars from states that support California’s zero-emission-vehicle goals, Automotive News reports.