Jan. 17 (Bloomberg) -- Mary Barra, who became the first female chief executive officer of General Motors Co. this week, may receive compensation in 2014 worth more than $4.4 million.
Barra, 52, will earn $1.6 million in salary and is eligible to receive an additional $2.8 million as part of the company’s short-term incentive plan, Detroit-based GM said today in a filing with U.S. Securities and Exchange Commission.
Barra also is likely to receive additional compensation as part of a new long-term incentive plan that will be up for approval at the company’s annual meeting this year, GM said. She was previously chief product officer.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
