No bonuses for GM executives

Posted: Mar 29, 2007
No bonuses for GM executives

For the second year in a row, General Motor’s top executives will not be getting cash bonuses despite its strong performance in 2006. The New York Times reports that top executives including CEO Rick Wagoner and Vice Chairman Bob Lutz, will not be getting their huge cash bonuses for the second consecutive year.

Details on executive compensations will be released next month.

Source: Reuters

[tags]Cars, Car, Auto, Automobile, Vehicles, Technology, Auto News, News, GM[/tags]


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