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Marchionne Gets US$54M in Pay and Perks for Year he Died

BNN Bloomberg

Fiat Chrysler Automobile NV’s late Chief Executive Officer Sergio Marchionne received a total of US$54 million in cash compensation, perks and shares in 2018, the year of his sudden death. About US$42 million of Marchionne’s haul came from 2.8 million shares granted under a long-term award that was linked to performance metrics spanning several years. He also was paid a US$5.2 million bonus for 2017, and US$2.3 million in salary. He didn’t receive a bonus for last year...

Mentions: Executive Compensation General Motors Bloomberg