Zetsche Gets a 1.4% Raise

Daimler AG CEO Dieter Zetsche earned €8.36 million in compensation last year compared with €8.25 million in 2013, according to the company's annual report.

The increase reflects the company's record sales in 2014. Zetsche's base pay remained unchanged at €2 million.

The average base salary for other members of Daimler's management board climbed 5%, marking their first pay raise in three years.