(Bloomberg) -- General Motors Co. paid Chief Executive Officer Mary Barra $16.2 million in mostly stock-based compensation for 2014 as the automaker fell short on some of its board’s performance targets.

The first-year CEO got $1.57 million in salary, a $2.07 million performance-based cash incentive and $11.8 million in stock awards, GM said in a proxy statement Friday. The incentive pay fell $728,000 short of its potential goal. Her total tripled from 2013, when she was a GM executive vice president.

Barra, who became CEO in January 2014, and her team spent much of her first year dealing with GM’s ignition-switch recall. The executives missed some of their target pay because the largest U.S. automaker fell short on four key goals. The cash incentives were based on 2014 performance and the stock awards on measures from last year to 2016.

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By Alan Goforth | May 24, 2024

Patients are being harmed by Express Scripts and other pharmacy benefit managers that prevent them from using their preferred pharmacies, resulting in decreased availability of medications and higher drug prices, say protestors.

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By Adam C. Farkas, Esq., CPBS and Dae Y. Lee, Pharm.D., Esq., CPBS | May 24, 2024

Discussed below are some of the most common contractual provisions that plan fiduciaries and benefits advisors must know to avoid and/or expose a self-serving PBM.

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In an era marked by shifting legal landscapes and evolving societal attitudes, employers find themselves at the forefront of addressing this pressing need.

The case for abortion care as an employee benefit
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