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$22.8 Million For Mulally


$22.8 MILLION FOR MULALLY Alan Mulally, the chief executive of Ford Motor Company, received compensation valued at $22.8 million in 2007, down nearly 42 percent from the prior year, when he joined the company and collected a hefty signing bonus, according to a federal regulatory filing published Friday. Mr. Mulally, above, earned $2 million in salary and a $4 million bonus in 2007. The automaker lost $2.7 billion in 2007, largely because of continuing troubles in the North American market, an improvement from its $12.6 billion loss in 2006. Ford gave Mr. Mulally stock and options awards it valued at $12.3 million on March 5, 2007, and March 30, 2007, the dates they were granted, and perks worth $1.4 million. (AP)

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