Why Ford's CEO Deserves More Than $34 Million
The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Brendan Byrnes discusses topics around the investing world.
In today's edition, Brendan discuss Ford CEO Alan Mulally's stock awards that recently vested. The awards were given in 2009, when Ford's stock price was $1.96. With shares now more than $12, Mulally (and anyone who bought shares in 2009) will benefit immensely. Mulally himself will cash in to the tune of more than $34 million. Brendan argues that the CEO deserves the huge payment, because of his leadership in preventing Ford from entering bankruptcy and the track that he's put the company on for the future.
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At the time this article was published Brendan Byrnes and The Motley Fool own shares of Ford.Motley Fool newsletter services recommendFord and General Motors. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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