GM Releases More CEO Pay Details to Counter Gender Discrimination Charge

mary-barra_620x434

Today in This Had to Happen news, General Motors has responded to a flurry of stories reporting that its new CEO Mary Barra (the first woman to hold that position) would earn “48%” as much as the company’s previous chief by releasing more details of her compensation package two months early.

Previous totals only included Barra’s base salary and stock options, not potential performance-based bonus earnings. GM initially planned to wait until April’s annual shareholder meeting to release the full total but decided to go ahead with it yesterday thanks to a lesson learned in PR 101: correct misinformation ASAP.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in