Chrysler Owner Won't Disclose Total Pay for '$1 CEO'

How forthcoming has Chrysler CEO Bob Nardelli been about his compensation? Not very, if you ask corporate governance experts. When lawmakers asked the CEOs of Detroit's Big Three automakers whether they'd be willing to accept a $1 salary, Nardelli assented, but he failed to mention that he was already receiving a $1 salary and had been since he joined the company in 2007. Nardelli could be earning considerably more than just this minimal salary: It is unknown if Chrysler's majority owner,...Full Story
Commenting on this article is closed.