GM’s chief gets $9 million

Posted by & filed under Part 3 Management: Empowering People to Achieve Business Objectives.

Description:  General Motors chairman and chief executive, Ed Whitacre, Jr. will receive a compensation package worth $9 million, the automaker said Friday.

Source: CNNMoney.com

Date: 02/19/2010

Link: http://money.cnn.com/2010/02/19/news/companies/GM_salary/index.htm

Questions for discussion:

  • Do you believe this compensation is appropriate in light of GM’s history and connection to TARP? 
  • Do you believe there can be negative reaction from employees or customers because of the compensation?

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