Troy, Michigan Motor Vehicle Supplier Aptiv PLC (Formerly Delphi Automotive PLC) Top-Tier Executives Average Pay Raise Was a Very Messy 10.0% Per Year During the Past 8 Years (2011-2018)

Detroit, Michigan is the site of the second Democratic 2020 Presidential candidate televised debate to be held on July 30-31, 2019.  The Under 75 Progressive Wing will be led by the energetic Elizabeth Warren, Kamala Harris, Corey Booker and Julian Castro.  The Under 75 More Moderate Wing will be led by Pete Buttigieg, Amy Klobuchar, Beto O'Rourke and Latecomers Michael Bennet and Steven Bullock.

The key issue to Detroit and to Michigan citizens should be the huge and continuing Income Inequality Expansion which is at the core of many critical problems the US faces.

Thus I will be doing research and making posts on the average pay raise per year that the Top-Tier Executives of many large Michigan Companies were rewarded with in the past ten years.

The fifth Michigan Company I am addressing is Motor Vehicle Supplier Aptiv PLC (Formerly Delphi Automotive PLC).

From annual compensation information contained in Company Proxy Statement filings with the SEC, the chart at the very bottom below shows Aptiv PLC's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent eight years.  Aptiv PLC had an IPO in November 2011. 

Aptiv PLC's Top-Tier Executive Average Pay Raise was a messy 10.0% per year for the last 8 years since its November 2011 IPO which is the lowest of the large Michigan Companies I have addressed so far.

1. General Motors  +29.5% per year for the past ten years
2. Stryker Corp +20.7% per year for the past ten years
3. Ford Motor Col +17.0% per year for the past ten years
4. DTE Energy +10.6% per year for the past ten years
5. Aptiv PLC +10.0% per year for the past eight years

My objective is to get a better handle on just why the US and especially Michigan has such massive continuing Income Inequality Expansion ..... it appears to be predominantly about the relative long-term annual pay raise percentages, coupled with the stock price appreciation subsequent to the time the Top-Tier Executives were rewarded in their pay with stock equity compensation.

To fix Income Inequality driven mainly by Company and its Board of Director choices on Percentage Annual Pay Raises, the US Government should step in and pass wisely-designed Fair Pay Raise Income Inequality Narrowing Company tax incentives ..... the carrot ..... and Company wise tax disincentives ..... the stick.  

And the continuing annual net tax revenues raised by the US Government here should be set up in a separate fund to be used only for wise additional income inequality narrowing initiatives.  This fund should be run by an outside group made up entirely of minorities harmed the most by Income Inequality Expansion of the past decades  .....all women, all blacks, all Latinos, all other non-white people, all past and present union members, all LGBTQ, all non-employee contract workers and all middle and lower income people of all ages.

Also, the US Government should require all US Corporate Boards to include at least one worker representative and to exclude any Company Executive.

	FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec		Dec	Dec
Aptiv PLC	2018	2017		2017	2016		2016	2015		2015	2014		2014	2013
Top-Tier	Total	Total		Total	Total		Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Kevin Clark CEO	14,123	13,800		13,800	10,367		10,367	12,196		12,196	6,576		6,576	6,717
Joseph Massaro CFO	4,707	3,452		3,452	2,319		N/A	N/A
Majdi Abulaban Pres Signal&Power Solutions	4,000	4,348		4,348	3,755		3,755	10,385		10,385	3,682		3,682	2,914
David Paja Pres Safety&User Experience	N/A	N/A		N/A	N/A
David Sherbin General Counsel	2,898	2,808		N/A	N/A
Liam Butterworth Forme PresPowertrainSyst				3,201	3,313		3,313	7,241		N/A	N/A
Jeffrey Owens Chief Technology Officer							2,426	2,746		2,746	2,940		3,225	5,005
Mark Murphy CFO							N/A	N/A		N/A	N/A		N/A	N/A
Rodney O'Neal Former CEO										4,024	14,875		14,875	12,018
James Spencer Pres Delphi Latin America													4,080	6,243
Totals	25,728	24,408		24,801	19,754		19,861	32,568		29,351	28,073		32,438	32,897
Annual % Change vs Prior Year	5.4%			25.5%			-39.0%			4.6%			-1.4%
	FYE	FYE		FYE	FYE		FYE	FYE
	Dec	Dec		Dec	Dec		Dec	Dec
Aptiv PLC	2013	2012		2012	2011		2011	2010
Top-Tier	Total	Total		Total	Total		Total	Total
Executive	Comp	Comp		Comp	Comp		Comp	Comp
	$ 000s	$ 000s		$ 000s	$ 000s		$ 000s	$ 000s
Kevin Clark CEO	6,717	5,200		5,200	2,088		N/A	N/A
Majdi Abulaban Pres Signal&Power Solutions	N/A	N/A
Jeffrey Owens Chief Technology Officer	5,005	4,639		4,639	1,759		N/A	N/A
Rodney O'Neal Former CEO	12,018	13,341		13,341	5,671		5,671	21,135
James Spencer Pres Delphi Latin America	6,243	5,338		5,338	2,069		2,069	5,430
James Bertrand Pres Delphi Thermal Systems				3,183	1,838		1,838	5,449
Ronald Pirtle Retired PresDelphiPowertrain							2,018	5,449
Totals	29,983	28,518		31,701	13,425		11,596	26,565
Annual % Change vs Prior Year	5.1%			136.1%			-56.3%
8 Year Average Per Year % Change		10.0%