Henry Ford’s grandson Ford will be receiving a salary of $4 million as well as around $11-12 million in stock options to cover his work for the last two years. Ford Motor Company has sold 3.4 million shares and stock just last week generating a total of $28 million in proceeds!
This comes nearly five years after Ford said he would not accept a salary or a bonus until the automobile manufacturer was at a sustainable profit level and to make up for this, Ford are paying him for all of the years that he did not receive a penny of a salary.
A great sign for Ford Motors, who appear to be performing at the best level they have done in the last 5 years. Congratulations Ford! I wonder if all loyal Ford Ka drivers will be rewarded also with a brand new Ford Fiesta- Here’s hoping I guess….
No comments:
Post a Comment
Note: only a member of this blog may post a comment.