I love that C-level execs are the only level in which compensation packages are rarely tied to overall corporate performance. Whether it was FoMoCo's exorbitant compensation packages for Mark "Flexmaster" Fields, Don "French Pastry" LeClair or Alan "Well-Paid New Guy" Mulally we saw last week, or whether it's this week with Michael Johnston, the CEO of FoMoCo's spin-off auto supplier, Visteon — they rarely appear to be constructed in such a way as to reward the performance of the actual company. The Freep's reporting today:
Jalopnik · Ray Wert
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