USA: No 2002 salary for Bill Ford - just $US21.6 million in stock options
Ford chairman and chief executive Bill Ford Jr. received $US21.6 million in stock options in 2002 in lieu of a salary, Reuters reported on Monday. In its annual proxy, Ford disclosed that it gave no bonuses or merit increases to its five most highly paid executives in 2002, a year that saw the company lose $980 million and its stock price fall 42%, Reuters added.
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