General Motors will have a new CFO starting January 1, 2010, so financial issues needed to be worked out by the end of this year. GM’s new chief financial officer will have a salary of $750,000 a year and will get up to another $5.45 million worth of stock starting 2012 if GM successfully sells shares to the public.
The amount is in contradiction with the laws, as it exceeds the limits imposed by the US government to all companies which received government aid. These issues were d… (read more)