Posts Tagged ‘Ford’

UAW selling Ford stock warrants

by Associated Press Published: March 29,2010

Tags: automakers, automobile industry, Ford, labor, UAW

The United Auto Workers (UAW) union is hoping to raise at least $1.3 billion for its retiree health trust by selling all of its 362 million warrants for Ford Motor Co. stock. The trust got the warrants in Dec. 2009 as part of the UAW’s contract with the automaker. The automaker and union agreed to [...] [...]

Ford CEO makes nearly $18M

by Associated Press Published: March 22,2010

Tags: automakers, automobile industry, executive compensation, Ford

DEARBORN, Mich. — Ford Motor Co. president and CEO Alan Mulally made $17.9 million last year, about 1 percent more than the year before, as the company struggled through the worst U.S. auto sales market in decades, according to a calculation by The Associated Press based on government filings. Mulally took a 30 percent pay [...] [...]

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