Saturday, March 7, 2020

Detroit, Michigan-Based General Motors Co Top-Tier Executives Average Pay and Benefits Raise Was a Blistering 29.5% Per Year During the Past 10 Years (2009-2018). But Did the Auto Workers Get a Fair Shake Especially in the First Three Years of the US Auto Bailout Where the Top-Tier Executives Got an Average Annual Pay and Benefits Increase of 52.9% Per Year?

From Company Proxy Statement filings with the SEC, below are the General Motors Co's Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent ten years.


FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
General Motors 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
Mary Barra CEO     21,870     21,958     21,958     22,582     22,582     28,589     28,589     16,163     16,163       5,233
Daniel Ammann CFO       8,972       9,258       9,258     10,224     10,224     11,800     11,800       8,489       8,489       5,260
Mark Reuss Pres Global Product & Cadillac       7,356       7,727       7,727       8,413       8,413     10,199     10,199       9,478  N/A   N/A 
Alan Batey President North America       5,341       5,975       5,975       6,415  N/A   N/A 
Charles Stevens Advisor and Former CFO       6,939       7,101       7,101       7,603       7,603       8,102       8,102       4,895  N/A   N/A 
Karl-Thomas Neumann President Europe       5,269       5,808
Daniel Akerson Former CEO  N/A   N/A 
 Totals      50,478     52,019     52,019     55,237     48,822     58,690     58,690     39,025     29,921     16,301
Annual % Change vs Prior Year -3.0% -5.8% -16.8% 50.4% 83.6%
5 Year Average Per Year % Change 21.7%
FYE FYE FYE FYE FYE FYE FYE FYE FYE FYE
Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec
General Motors 2013 2012 2012 2011 2011 2010 2010 2009 2009 2008
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
Mary Barra CEO       5,233       4,943  N/A   N/A     
Daniel Ammann CFO       5,262       4,790       4,790       3,508  N/A   N/A 
Karl-Thomas Neumann President Europe  N/A   N/A 
Daniel Akerson Former CEO       9,071     11,103     11,103       7,703  N/A   N/A   N/A   N/A 
Stephen Girsky Vice Chairman Corp Strategy       6,390       5,446       5,446       5,310  N/A   N/A   N/A   N/A 
Thomas Stephens Chief Technology Officer       8,305       5,624       5,624       2,112       2,112       3,769
David Reilly President Europe       5,375       3,265  N/A   N/A 
Christopher Liddell CFO  N/A   N/A 
R A Lutz Vice Chairman               2,626       8,562
R G Young CFO       1,627       2,673
F A Henderson CEO  N/A   N/A 
G R Wagner CEO  N/A   N/A 
 Totals      25,956     26,282     21,339     16,521     13,680       8,889       5,624       2,112       4,738     12,331
Annual % Change vs Prior Year -1.2% 29.2% 53.9% 166.3% -61.6%
First Three Years (2009-2011) of Auto Bailout 52.9%
5 Year Average Per Year % Change 37.3%
10 Year Average Per Year % Change 29.5%