UAW’s King Calls $56.5 Million Award for Mulally ‘Outrageous’
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United Auto Workers President Bob King called Ford Motor Co.’s $56.5 million stock award to Chief Executive Officer Alan Mulally “outrageous” and unfair to the automaker’s employees.
“Alan Mulally is a great CEO, but I don’t think any human being in the world deserves that much money,” King told reporters yesterday at the union’s bargaining convention in Detroit. “It’s outrageous.”