Marchionne Gets $36 Million Award for World-Beating Returns
- Fiat CEO also earned $11.95 million in 2017 compensation
- Marchionne stock award part of long-term incentive program
Photographer: Alessia Pierdomenico/Bloomberg
This article is for subscribers only.
Fiat Chrysler Automobiles NV boss Sergio Marchionne delivered the best returns among his automaker-chief peers the last few years. He was compensated handsomely as a result.
Marchionne earned earned 9.68 million euros ($12 million) in base compensation and bonus during 2017, according to the Italian-American automaker’s annual report filed Tuesday. He also collected stock valued at about $36 million at the March 2017 vesting date of the grant, which covered the three previous years.