Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (436541)	11/24/2008 6:35:56 PM
From: combjelly	Read Replies (1) of 1574004

"I think you could get some young kid straight out of the Harvard MBA program, make him or her CEO of GM, and pay 10% of what the current CEO is making." It is not so much their basic salary that is the problem. For example, the CEO of GM made something like $1.5 million last year. However, when you factor in all the various bonuses, stock options, etc., his compensation exceeded $14 million. GM just didn't do all that well in 2007 for him to get all that extra reward.

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