DEARBORN, Mich., March 22 (UPI) -- Top executives at Ford Motor Co. earned hefty compensation packages in 2009, despite announced pay cuts, a company filing said.
Chief Executive Officer Alan Mulally was awarded $17.9 million in 2009, about $900,000 more than 2008, despite taking a 30 percent cut in his base salary, which dropped from $2 million to $1.4 million, The Detroit News reported Monday.