USA: Ford reports bosses' compensation - Nasser earned $4.9 million in 2001 (excl. stock)
Ford Motor Company has filed its 2002 proxy statement with the Securities and Exchange Commission today. The statement outlines compensation for top company executives. Ford says that for 2001, the company's cash compensation of its top-five executives decreased by more than 60 percent over the previous year, largely the result of no executive bonus awards being paid. Additionally, Ford executives received no long-term stock incentive award payouts for the 1999-2001 performance period.
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