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John Goreham Contributing Writer, GM-Trucks.com 4-23-2019 General Motors paid its CEO, Mary Barra, $21,870,000 in the year 2018. That amounts to nearly half a million dollars per week worked, assuming Ms. Barra has five weeks off during the work-year. Another interesting number is $93,064. That is Ms. Barra's pay for each of the 235 work days in a 47-week year. Ms. Barra earns more in one day of work than the average GM employee does in a full year of work. Union workers at GM plants signed a contract about 18 months ago that pays the average union worker about $60K before bonuses. Including bonus pay and overtime, the average is about $77K per year. Or about as much as Mary Barra earned on her first work day of the year by about 3 pm. Although by comparison to Ms. Barra's co-workers at GM her pay seems outrageous, by comparison to her peers who are CEOs of other large public companies engaged in manufacturing, her pays is about average. Boeing's CEO made about $23 Million in 2018. Ford's CEO made $18 million. During 2018, MaryBarra also enjoyed the use of GM company vehicles. Despite her pledge to commit more GM resources to electric vehicles, and her pledge that GM has an "all-electric future," she told an interviewer at an energy summit, at which GM displayed its EVs, that she herself drives a Cadillac Escalade. What say you, GM-Trucks.com faithful? Did Mary Barra earn her pay in 2018?
