Alan Mulally, Ford Motor’s chief executive, and Bill Ford, chairman, have reaped the rewards of the Detroit carmaker’s dramatic turnround, between them pocketing shares worth almost $100m.
Ford disclosed in regulatory filings it had paid Mr Mulally 3.8m shares worth about $56m before tax. Mr Ford was paid 2.9m shares worth $42m. About 40 per cent of the shares were held back for tax payments.
Several other senior executives, including Lewis Booth, chief financial officer, also received big share pay-outs.
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