Ford chief took home nearly $18 million in 'challenging' year

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Ford CEO Jim Hackett, who began overhauling the carmaker's business plans last year, took home a 2018 compensation package worth nearly $18 million

His total annual payout included a $1.8 million base salary and $12.7 million in stock awards, along with about $3.2 million in other compensation, according to public filings posted Friday.Hackett said in a recent call with investors that 2018 was a"challenging year" that was"full of headwinds." But he also positioned it as a turning point.

"Read MoreFord is investigating its fuel economy and emissions testing According to the filing, Hackett's compensation is 276 times larger than the median compensation for other Ford employees.Ford praised Hackett's leadership in the filing, saying he is"equipped to lead the Company's commitment to becoming the world's most trusted company, designing smart vehicles for a smart world that help people move more safely, confidently, and freely.

 

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So how much did the AT&T CEO take home? They own CNN.

So who cares?

Crazy how Laveon Bell is taking home $54M and didn’t touch the field. So unfair for us.

He didn't sleep his way that figure, my boy is ugly. He looks like darth Vader without the helmet but uglier and with a bigger head.

Sick. Their stock isn’t even that well performing.

Good for him. See hard work and dedication can be worth the struggle.

Meanwhile, Michigan roads are horrible.

Yes...you are paying too much for your vehicle.

Good for him he must be a smart man. I'm jealous that I don't have that kind of money but it's good to assume that all the people involved in his are sharing in the American dream. For any of you that hate the man because of his money 'Thou Shalt Not Covet'.

Ford is about to shut down many factories around the world and unemploy thousands of workers because their profit hasn't been as huge as they thought. What do they do next? Give their CEO a $18m compensation. He must have been a really good manager to worth such humble help

The true meaning of the word (SHAREHOLDER ... he's the TOP 2%--- regular guy GETS 2%

Takes him 6 years to make as much as Lebron James does in one year....and Lebron simply bounces a ball.

So what he earned it. What do you lay Zucker or Lemon or Cuomo. They suck at what they do yet get a very large paycheck.

So? Do you know how much some actors are paid for one movie? How about top baseball players for a single season?

🤔that’s why the f-150 is so expensive

I bet he wishes he could sing, act or hit home runs!! He’d make even more.

For doing what. Talk about welfare.

And andersoncooper makes about $18 million per year...

CEO AMERICAN TAXPAYERS MONEY ON CRIME OPERATIONS

So? And?

he’ll need it. when you look like that, companionships are expensive. 😏

That should be natural/ Welfare starts from home

the more people the CEO's lay off, the more money they make! It's like MAGIC!!

Yeah. CEO’s get paid good money. They deserve to. This isn’t news.

CEOs make a lot of money, you don't say

OINK OINK!!!

Yeah he's the problem.. That greedy man

It’s disgusting. No person is worth that much.

So?

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Cramer Remix: I need to see better earnings before recommending this stockJim Cramer explains why he will not recommend Ford until the company puts up more than one good quarter.
Source: CNBC - 🏆 12. / 72 Read more »