ND Expert: Ford CEO~s "Epically Large" Pay Package Raises Questions Of Moral Responsibility
Source: University of Notre Dame
Ford Motor Co. CEO Alan Mulally, who revived the No. 2 automaker after more than $30 billion in losses from 2006 through 2008, received a stock award worth some $55 million and recently earned harsh criticism from UAW President Bob King, who called the pay package "Morally wrong." Mike Mannor, assistant professor of management at the University of Notre Dame's Mendoza College of Business, says CEO pay is a very complex issue that involves a lot of tradeoffs, and that in this case, Mulally represents a particularly interesting situation.