View Full Version : Ah, performance-related pay for CEOs...

Dyl Ulenspiegel
09-06-2006, 13:23:08

TOKYO - Toyota Motor Corp. paid its 26 top executives, including President Katsuaki Watanabe, a combined $8.27 million - an average of about $320,000 each - last fiscal year, little changed from a year earlier.

Toyota posted a fourth consecutive year of record earnings in 2005 as U.S. demand boosted sales. The carmaker's market value has surged 45 percent to $188 billion since Watanabe took charge in June 2005.


GM, the world's largest automaker, cut Chief Executive Rick Wagoner's pay for 2005 by 46 percent to $5.48 million. Wagoner didn't get a bonus because the Detroit-based company lost $10.6 billion for the year.

I wanna be GM boss! Just imagine what you'd make with a loss of just 9.9 billion!

09-06-2006, 13:54:49

Dyl Ulenspiegel
09-06-2006, 13:55:33
No thanks, I have just eaten.

09-06-2006, 14:15:12
Genetically Modified CEO's are a dangerous type.

09-06-2006, 14:52:42
I keep applying for those jobs but I never seem to get them.

*End Is Forever*
09-06-2006, 15:11:53
I'm sure he's struggling to get by on $5 million... poor thing.

11-06-2006, 20:00:13
And people wonder why so many American business are failing.

11-06-2006, 22:36:59
The thing is he's the worst CEO in the business as well.