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.
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