Reply #15: Executive compensation

[tsuki]

OFFICERS
Pay Exercised*

G. Richard Wagoner, Jr., 52
Chairman, Chief Exec. Officer $ 4.82M N/A

John Devine, 60
Vice Chairman and Chief Financial Officer $ 4.22M N/A

Thomas Gottschalk, 62
Exec. VP, Law and Public Policy and Gen. Counsel $ 1.73M N/A

Gary Cowger, 57
Group VP and Pres, GM North America $ 1.55M N/A

*Dollar amounts are as of 31-Dec-04 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.

On edit: from http://finance.yahoo.com/q/pr?s=GM


So 4 men, without ideas, a plan for the future, leadership or business forsight, rape the company for 12.32 million a year and do not exercise any options during that year. As I have always maintained, we are outsourcing the wrong end of the work spectrum.

And they have the "balls" to call the American worker lazy? How much health insurance would 6.16 million a year buy?