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Executive Pay Cuts - Autoline Daily 255

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Uploaded by on Oct 22, 2009

The U.S. Treasury Department is cutting salaries for the top 25 executives at each of the companies that received government help, including Chrysler and GM. Honda and Hyundai turn a profit. Land Rover is discontinuing its Defender SUV after 61 years on the market. All that and more, plus a look at some of Nissans latest product updates.

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Autos & Vehicles

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  • Now that's how you cast news.

    It's a shame he works at the most biased news channel in America.

  • TOO bad SO sad... BOOO HOOO for the CEO's...

  • Those poor CEO's hahahahahahaha...Breath...HAHA­HAHA. I mean seriously what did they expect, they run the company into the ground and don't expect a pay cut? In 2008, Henderson received compensation valued at about $8.7 million. That included a base salary of about $1.7 million, stock options and restricted stock that the company valued at $6.6 million when it was granted. He also received $349,000 in other compensation, including $105,000 in security services. PAY CUTS ARE IN ORDER!

  • great job murray. didn't realize you where a news caster until the very end when you said so.

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