New CEO salary half of previous one, DUmmy complains.

[dane]

http://www.democraticunderground.com/10024442888  geardaddy (14,853 posts)

GM’s First Female CEO Will Make Half Of What Her Predecessor Made

http://thinkprogress.org/economy/2014/02/04/3243951/mary-barra-pay-gap/
-snip-

In December, General Motors (GM) made headlines for picking Mary Barra to replace Dan Akerson as its new CEO. That meant she would not only be the first woman at the helm of the carmaker, but any global carmaker.
 
But while she may have shattered that glass ceiling, her pay is another story. Looking at the company’s filings with the Securities and Exchange Commission, Elizabeth MacDonald notes that Barra will be paid $4.4 million in total compensation, which includes a base salary of $1.6 million. Akerson, on the other hand, made an estimated $9 million, with a $1.7 million base salary and $7.3 million in stock. That means Barra will make less than half of what he made. In fact, Akerson will continue to make more as her, as GM will pay him $4.68 million as an outside senior adviser.
 
Worse, Barra comes to the job with an outsized amount of previous experience. She’s been with the company since 1980 and was most recently serving as senior vice president of global product development. Akerson, on the other hand, came into the role without a background running a car company, previously serving as a managing director of private equity firm The Carlyle Group, although he has been on GM’s board since 2009.

They simply will not be happy, about anything.  CEOs, according to them make too much money and their compensation should be be reduced.  When it happens, they are not happy about it simply because the new CEO is a woman

They win one, and still bitch about it.

[Carl]

Sounds like Odumbo is the one to complain to as GM was a government entity when the previous CEO was paid off...err I mean hired.

[jukin]

The Obama regime pays about 79% of men's wages to their women staff.

Now the Obama regime GovMotor is paying 50%?

Exactly who is having the war o women? As with most thing progressive, the ones that are accusing and pointing fingers.

[Skul]

Simple,  Akerson is a member in good standing with the AFL-CEO.  Barra is not.  

[Dori]

They simply will not be happy, about anything.  CEOs, according to them make too much money and their compensation should be be reduced.  When it happens, they are not happy about it simply because the new CEO is a woman

They win one, and still bitch about it.

My thoughts exactly.  You give them what they want and they get offended about that too.

[GOBUCKS]

I wonder if Government Motors executives are assigned GS pay grade levels.

[JohnnyReb]

She didn't have to take it....she could have done the DUmmie thing....quit and draw unemployment/foodstamps/welfare/section8......................

[delilahmused]

Did the former CEO start at the salary he ended up with? Looks to me like his salary was mostly in stock. Increases in stock options can yield better dividends than upping her salary. Seems it would act as an incentive, too. The better your company does, the more money you make.

Cindie

[Dori]

Did the former CEO start at the salary he ended up with? Looks to me like his salary was mostly in stock. Increases in stock options can yield better dividends than upping her salary. Seems it would act as an incentive, too. The better your company does, the more money you make.

Cindie

GM's sales were down 12%.  But Nissan's went up 12%.   

[dane]

Here's another example of the DUmmies and their "Look at me" mindset.

Only 15 minutes after the first OP about the GovernmentMotors new CEO was posted, and it is still on page one of their GD, DiabeticDUmmy starts another one.

"Look at me"  "Mine is THE one to read"  "I don't have anything of substance to add to the first one, so I'll just start a new one"  http://www.democraticunderground.com/10024444080

There are no replies yet, and DiabeticDUmmy didn't even make pithy, crunchy comments in his OP, just a simple excerpt and a simple line that could have been added in the earlier thread.  

Maybe his wife told him to do it.  She seems to control his actions on DU quite a bit

[Big Dog]

This is a good opportunity to light the fuse on a few tampons among the Ku Klux Klams:

What is a penis worth?

At GM, it's worth $4.6 million dollars.

Now go fix me a sammich before I smack you in the face with my million dollar dick.

[landofconfusion80]

I do think at a certain point you’ve made enough money


This salary has a presidential seal of approval!

[Gern]

I love ideological conundrums such as this over at the DUmp.

In this case, we have Hatred of CEOs against a supposed "Ism"...These always confuse DUers... 

On one hand, they're supposed to hate CEO's...On the other hand, this woman is allegedly the victim of an Ism.  In such a case, when it boils down to hating someone with more money than they have or an Ism, the jealousy of the person with money will always win. 

You can just see it in the replies on that thread.

[Big Dog]

I do think at a certain point you’ve made enough money

So, you think at a certain point I've made enough money.

Two questions:

1. What is that point? Please provide a dollar amount.

2. What is your basis for arriving at that figure?

[thundley4]

So, you think at a certain point I've made enough money.

Two questions:

1. What is that point? Please provide a dollar amount.

2. What is your basis for arriving at that figure?

I think they might have been quoting Obama.

[seahorse513]

This is a good opportunity to light the fuse on a few tampons among the Ku Klux Klams:

What is a penis worth?

At GM, it's worth $4.6 million dollars.

Now go fix me a sammich before I smack you in the face with my million dollar dick.

and double the bacon, bitch!!

[Big Dog]

and double the bacon, bitch!!

 

[BlueStateSaint]

and double the bacon, bitch!!

 

Sea, this is the first time I've ever used six of those combinations above.  H5!

 

[Gern]

So, you think at a certain point I've made enough money.

Two questions:

1. What is that point? Please provide a dollar amount.

2. What is your basis for arriving at that figure?

I think it was sarcasm:


[youtube=425,350]http://www.youtube.com/watch?v=k0JkyZx1LdQ[/youtube]

[landofconfusion80]

So, you think at a certain point I've made enough money.

Two questions:

1. What is that point? Please provide a dollar amount.

2. What is your basis for arriving at that figure?

[JohnnyReb]

I think it was sarcasm:


[youtube=425,350]http://www.youtube.com/watch?v=k0JkyZx1LdQ[/youtube]

"I want to be perfectly clear....I'm tired of being half black"[Obama]

[Big Dog]

Does that mean you meant it sarcastically, or do you like the feel of a hand rubbing the top of your head?

[landofconfusion80]

Does that mean you meant it sarcastically, or do you like the feel of a hand rubbing the top of your head?

not a big peanut fan I take it?

[Big Dog]

not a big peanut fan I take it?

I recognize Jeff Dunham's Peanut, but since I can't read the dummy's lips, I don't know anything about the character.

[landofconfusion80]

I recognize Jeff Dunham's Peanut, but since I can't read the dummy's lips, I don't know anything about the character.

peanut always does that when a joke goes over the head of somebody in the audience.