Monday, March 10, 2008
General Motors boss gets pay rise
General Motors has restored chief executive Rick Wagoner’s base salary to the level it was before he took a 50 per cent pay cut in 2006.
Two years ago, Wagoner agreed to the cut as in an attempt to improve finances for the then struggling US giant.
According to the recent decision by the board of directors, Wagoner will make $2.2m (£1.09m) in 2008.
DATED: 10.03.08
FEED: MT
