4 ms·
I went looking. The article I found is interesting in its own right: "Engineers Rule: At American auto companies, finance guys and marketers rise to the top.
by tc 18y ago
I went looking. The article I found is interesting in its own right:
"Engineers Rule: At American auto companies, finance guys and marketers rise to the top. Not at Honda."
http://news.ycombinator.com/item?id=366709 http://news.ycombinator.com/item?id=366709
From the article:
"Honda doesn't disclose executive pay in detail, but the sum of salaries and bonuses that Fukui shares with 36 board members, $13 million, is just about enough for the boss at a big American company."
also:
"Honda has never had an unprofitable year. It has never had to lay off employees."
- callmeed 18y agoInteresting ... thanks for posting. I think it's safe to say that Ford/GM's lack of profitability has little to do with executive pay and much more to do with labor costs, efficiency, and product demand.