Thursday, April 26, 2012

GM CEO gets $7.7 million pay package for 2011

FILE - In a Wednesday, Jan. 25, 2012 file photo, General Motors CEO Dan Akerson listens on Capitol Hill in Washington, during the House Regulatory Affairs, Stimulus Oversight and Government Spending subcommittee hearing about the safety of the all-electric car, the Chevy Volt. Akerson's compensation tripled in 2011 to $7.7 million, as the company posted the biggest profit in its history. GM made $7.6 billion last year on strong sales in North America and Asia. The company reported Akerson's pay on Thursday, April 26, 2012 in its annual proxy filing with the federal government. Last year was his first full year as CEO. He also is chairman. (AP Photo/J. Scott Applewhite, File)General Motors CEO Dan Akerson's compensation tripled in 2011 to $7.7 million as the company posted the biggest profit in its history.


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