Alan Mullaly Gets Millions To Fail, What Do You Make Per Year?

Ford Has $8.7 Billion Loss, Shifts Away From Trucks (Update4)
July 24 (Bloomberg) -- Ford Motor Co., the world's third- biggest automaker, posted a record quarterly loss of $8.7 billion and accelerated a conversion to fuel-efficient vehicles to wean itself from money-losing trucks.

Source from Bloomberg

The revamping is a response to record gasoline prices that have ravaged sales of large pickups and sport-utility vehicles and derailed Chief Executive Officer Alan Mulally's turnaround plan.

Alan Mulally went on to say "DUH DUH DUH, DUH DUH DUH DUH" then proceeded to take his finger out of his nose and taste it.

Just kidding but I figure if Al can make that amount of money for being a total fuck up, he can take some ribbing from me, one of the great unwashed masses.

Alan made 28 million for 4 months of work, and I mean back breaking, sweaty, ditch digging work too, in the sun all day, wearing a do-rag work, just like a farmer. What did you make and how hard do you work for it? Bet its not as hard as the work as Al does for his paltry pay.

Ford CEO: $28M for 4 months work

Former Boeing exec got $18.5 million bonus, almost $9 million in stock and options and base salary at annual $2 million rate.

Struggling Ford Motor Co., which posted a record $12.7 billion net loss in 2006, gave its new CEO Alan Mulally $28 million for four months on the job, according to the company's proxy statement filed with the Securities and Exchange Commission Thursday.

The Ford (Charts) pay package for Mulally comes on top of the $7.4 million that aerospace company Boeing (Charts) had previously reported paying him for his eight months running that company's commercial aircraft unit before he made the move to Ford at the beginning of September.

Alan Mullaly is hereby nominated for Detroit Daily Dirt's Tool Of The Year Award.

In 2005, Michigan's state population was 10,120,860, so if Al made 28 million every 4 months let's say just for fun, thats 124 million per year OR, drum roll please..... $12.25 for every man, woman and child in Michigan. Probably more per person since so many people have left Michigan since 2005

Personally I think the money would have been better spent and put back into the economy had everyone in the state got their 12 bucks.


I love putting shit in perspective.




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