Ford Motor Company (NYSE: F) fell rapidly against the background of a significant salaries

Ford Motor Company (NYSE: F) remained in the red zone

In brief: Ford Motor Company (NYSE: F) shares continue to lose in the price of the second consecutive day, despite the payment of salaries.

Ford Motor Company (NYSE: F) shares lost in value today. Ford Motor Company (NYSE: F) was 12.85 points, decreasing by -0.20 (-1.49%) in the second half of the trading day.

Ford shares decline coincided with the payment of a significant salary. Chairman of the Board of the American automobile giant Ford Motor Co. William Clay Ford, great-grandson of company founder Henry Ford, will receive a fee for managing the company for the first time after five years, he said he would give up any payments in their favor, while the company will not return to a stable profitable level. At the same time, the compensation committee of the Board of Directors Ford decided that the payments will not be stopped completely, but only frozen. As a result, Ford will receive $ 4 million in cash and more from $ 11 to $ 12 million in the form of stock options the company.

Igor Tringlers
2010-08-10 16:34, Economics.

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