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And recently today the heads of GM and Ford both refused to take a one dollar annual salary as Lee Iacocca did when Chrysler was bailed out in the 80's. So I re
by chris11 18y ago
And recently today the heads of GM and Ford both refused to take a one dollar annual salary as Lee Iacocca did when Chrysler was bailed out in the 80's. So I really don't see top management in either Ford or GM to do anything to symbolize sacrifice.
- Tichy 18y agoIt is probably just that, though, a symbolic sacrifice, not a real sacrifice? I suppose they still get their stock options, boni and what not.
- chris11 18y agoI think its more than a symbol. They would probably still get a lot money, but at least it would be mainly based on stock price/performance.