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Response to modrepub (Reply #4)

Wed Jan 30, 2013, 01:46 PM

5. Marchionne gets $0 from Chrysler, $19M from Fiat

 

Marchionne gets $0 from Chrysler, $19M from Fiat

In an era of executive excess, Chrysler CEO Sergio Marchionne made headlines, earlier this month, when it was reported he took no compensation for his work at the U.S. automaker last year. That was all the more impressive compared to the news, that same day, that Ford Chief Executive Alan Mulally had received $58.3 million in stock alone for 2011.

But for those wondering how deeply Marchionne might have to dig into his pockets to cover the reported $3.5 million home he recently purchased in the Detroit suburbs thereís no reason to worry. While he didnít get money from Chrysler he did more than okay wearing his other hat, as CEO of the U.S. makerís Italian partner Fiat.

http://www.nbcnews.com/business/marchionne-gets-0-chrysler-19m-fiat-456123

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Bozita Jan 2013 OP
Myrina Jan 2013 #1
Scuba Jan 2013 #2
valerief Jan 2013 #3
modrepub Jan 2013 #4
LineLineNew Reply Marchionne gets $0 from Chrysler, $19M from Fiat
MightyMopar Jan 2013 #5
samsingh Jan 2013 #6
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