- Dec 18, 2010
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After 33 years working for GM, Mary Barra has taken the reigns as the new CEO.
The problem is, she is making 48% less than what the outgoing male CEO was making, and he had no experience running a car company.
http://www.foxbusiness.com/economy-policy/2014/02/03/white-house-missteps-on-gm-pay-gap/
Barra will get $4.4 million in total yearly compensation.
Outgoing CEO Akerson got an estimated $9 million yearly compensation.
I am surprised this is not all over the news. Where is the feminist outrage?
The problem is, she is making 48% less than what the outgoing male CEO was making, and he had no experience running a car company.
http://www.foxbusiness.com/economy-policy/2014/02/03/white-house-missteps-on-gm-pay-gap/
The White House said in a statement that State of the Union guests like Barra who "have been invited to sit with the First Lady represent the stories of millions of Americans across the country, who are working hard to better their communities, improve their own economic outcomes and help restore opportunity for all."
Trouble is, Barra is not even getting 77%, but less than half, 48%, of the pay of GM's outgoing male CEO who had no prior experience running a car company. Barra replaced former Carlyle Group executive Dan Akerson, who ran the automaker after it got a massive $49.5 billion taxpayer bailout.
Barra will get $4.4 million in total yearly compensation.
Outgoing CEO Akerson got an estimated $9 million yearly compensation.
I am surprised this is not all over the news. Where is the feminist outrage?