Nvidia and Lucid CEOs perfect paid on ’22 record

BE desk

Ford Motor Co. CEO Jim Farley was once Incorrect. 14 with general repayment of $18.3 million in 2022, 84 p.c greater than latter time. His bottom wage of $1.7 million was once unchanged, however book awards greater than tripled to $10.6 million.

Stellantis CEO Carlos Tavares, whose company-reported repayment was once significance about $26 million, isn’t integrated within the find out about since the automaker is based totally in another country.

The find out about regarded on the CEOs of 49 automakers, providers and society shops and calculated general repayment because the sum of bottom wage, positive aspects from book possibility workout, positive aspects from the vesting of book awards, money bonus payouts and alternative modes of repayment.

Equilar’s survey contains the discovered price of fairness awards, which is why its numbers can fluctuate from the whole repayment reported in regulatory filings.

CEO repayment a number of the Detroit 3 is some degree of rivalry of their pledge negotiations with the UAW. Union President Shawn Fain has impaired government repayment figures to justify the UAW’s calls for for considerably upper pay and advantages.

4 Ford and 4 GM executives underneath the CEOs additionally have been integrated within the survey. Ford Government Chair Invoice Ford was once the highest-paid non-CEO indexed, at $17.7 million, adopted by way of GM President Mark Reuss, at $12.8 million. Ford CFO John Lawler gained just about $7.2 million.

Honda is well underway in a $700 million effort to retool three of its plants…

Photo: Kia Kia is paying its dealers up to $1,500 in flat payments for each…

On the Electrek Podcast, we discuss the most popular news in the world of sustainable transport…