Ford CEO Jim Hackett earned $17.1 million in 2018

Written by on March 15, 2019

Ford's Hackett speaks at the North American International Auto Show in Detroit, Michigan
FILE PHOTO: Jim Hackett, President and CEO of Ford Motor Company, speaks at the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Jonathan Ernst

March 15, 2019

DETROIT (Reuters) – Ford Motor Co Chief Executive Officer Jim Hackett earned salary, bonus and stock awards of $17.1 million in 2018, up from $16.3 million the previous year, while adjusted pretax profit for the automaker dropped $2.6 billion from 2017, the company said on Friday.

Including pensions and perks Hackett, who took the helm of the No. 2 U.S. automaker in May 2017, made $17.7 million. Ford Chairman Bill Ford earned salary, bonus and stock awards for the year of $12.5 million. Including pensions and perks, Ford earned $13.8 million.

(Reporting By Nick Carey; Editing by Chizu Nomiyama)

Source: OANN

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