Briefs
National Public Radio CEO Vivian Schiller resigned on Mar. 9 after a secretly recorded video surfaced showing another NPR executive, who had already tendered his resignation, referring to the Tea Party wing of the Republican party as racist and suggesting the network would be better off without federal funding. The comments, made to men posing as possible donors from a Muslim organization, follow Schiller's controversial dismissal of commentator Juan Williams in October for saying on Fox News (NWS) that airline passengers in "Muslim garb" make him nervous. NPR Chairman Dave Edwards announced that Schiller's resignation was accepted with "genuine regret."
Ford Motor (F) awarded CEO Alan Mulally $56.5 million in stock for the automaker's turnaround. Executive Chairman Bill Ford received $42.4 million, also in shares. The company made the payments as part of a 2009 and 2010 incentive plan. During those years, Ford earned $9.28 billion after $30.1 billion in losses from 2006 through 2008. The two executives will also receive other compensation for 2010, including salary and benefits, which will be revealed in a proxy report in coming weeks.
