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F Ford Motor Company

12.7999
-0.2401 (-1.84%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ford Motor Company NYSE:F NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.2401 -1.84% 12.7999 13.02 12.61 12.82 57,226,799 00:59:42

Ford Boosts Compensation for New Chief Operating Officer

19/02/2020 1:23am

Dow Jones News


Ford Motor (NYSE:F)
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By Kimberly Chin

 

Ford Motor Co. said Tuesday that it has increased the salary, as well as other forms of compensation, for its new chief operating officer, James Farley.

Mr. Farley, who will step into the role on March 1, will receive an annual base salary of $1.4 million, up from $1.1 million, the company said in an amended securities filing.

Mr. Farley's annual incentive compensation bonus target was raised to $1.89 million from $1.375 million.

Ford also increased Mr. Farley's annual stock grants to $5 million from $3.82 million.

 

Write to Kimberly Chin at kimberly.chin@wsj.com

 

(END) Dow Jones Newswires

February 18, 2020 20:08 ET (01:08 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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