AFSCME 3357-HOF'S BLOG

Why So Quiet

I'm back from the land of the living dead, so I can catch up on the potential blog entries that have accumulated over the alst two weeks. Issue #1 New Ford CEO . . .

Alan Mulally to Make at least $10 Million/year

While I was incapacitated, Bill Ford took it upon himself to take advantage of the low scrutiny and step down as CEO, appointing former Boeing executive Alan Mulally as CEO. Say what you will about Bill Ford, he worked cheap(ly). Ford declined to take a salary. Not so for Mr. Mulally, he's expected to make at least $10 million per year. When you pay your executives 8 figure salaries, it makes it hard to justify concessions to people who work on the production line.