GM's first woman CEO--Mary Barra is getting less pay Dan Akerson

[diabeticman]

http://thinkprogress.org/economy/2014/02/04/3243951/mary-barra-pay-gap/


In December, General Motors (GM) made headlines for picking Mary Barra to replace Dan Akerson as its new CEO. That meant she would not only be the first woman at the helm of the carmaker, but any global carmaker.

But while she may have shattered that glass ceiling, her pay is another story. Looking at the company’s filings with the Securities and Exchange Commission, Elizabeth MacDonald notes that Barra will be paid $4.4 million in total compensation, which includes a base salary of $1.6 million. Akerson, on the other hand, made an estimated $9 million, with a $1.7 million base salary and $7.3 million in stock. That means Barra will make less than half of what he made. In fact, Akerson will continue to make more as her, as GM will pay him $4.68 million as an outside senior adviser.


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Yeah I know some will say it is CEO making millions more than the average what's the big deal BUT it just shows how far we need to go for equally in pay.