Part time job at GM

Let the SOB's go down the tubes or give me a part time job there I'd only work 10 hours a month
http://www.impomag.com/scripts/ShowPR.asp?RID 315&wnnvz45,01300229223&CommonCount=0
NEW YORK (AP) - General Motors Co. CEO Ed Whitacre will receive a salary of $1.7 million this year, plus stock awards that will bring his total pay package to $9 million at a later date, the automaker said Friday.
In a surprise announcement, GM also said former CEO Fritz Henderson has been rehired as a consultant. Henderson, who was forced out of the job in December, will work 20 hours a month and will be paid $59,090 a month, the company said.
Whitacre's total compensation is larger than Henderson's when he was CEO. Henderson received a total pay package worth nearly $5.5 million.
Whitacre's pay package includes a cash salary of $1.7 million that took effect Jan. 1. It also includes $5.3 million in stock awarded in increments starting in 2012, plus another stock award worth $2 million. The details, including the timing, of the $2 million stock award still need to be worked out, a GM spokeswoman said.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
Ed Pawlowski wrote:

http://www.impomag.com/scripts/ShowPR.asp?RID 315&wnnvz45,01300229223&CommonCount=0
Let 'em rot.
--
Civis Romanus Sum

Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On 22/02/2010 12:56 PM, Jim Higgins wrote:

You got that right.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On 22/02/2010 12:40 PM, Ed Pawlowski wrote:

http://www.impomag.com/scripts/ShowPR.asp?RID 315&wnnvz45,01300229223&CommonCount=0
Government Motors corruption is alive and well I see. That stock thing is a open ended check book. When he left ATT he took $158 million plus perks on his exit. Just for cutting some of the obvious loosers at GM and squeezing the bullshit complexity.
Guess Obama is packaging this turkey for sale in a year or two. And as bond holders found out, taxpayers will be lucky if they get 5 cents on the dollar.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Motorsforum.com is a website by car enthusiasts for car enthusiasts. It is not affiliated with any of the car or spare part manufacturers or car dealers discussed here. All logos and trade names are the property of their respective owners.