Daniel F. Akerson was the CEO of General Motors from September 1, 2010, to January 15, 2014. His leadership came after GM emerged from bankruptcy and received support from the U.S. government. Before joining GM, Akerson had a strong background...

Number of Employees

163K

Year

2014

Total Compensation

$998.45K

Salary

$850.00K

Board Justification

The compensation philosophy aims to align executive compensation with the long-term interests of stockholders, focusing on performance-based incentives and competitive market practices.

Bonus

$0.00

Board Justification

No bonus was awarded as Mr. Akerson did not participate in the STIP for 2014 due to his retirement.

Other

$148.45K

Board Justification

Other compensation includes various benefits such as personal travel and financial counseling.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted to Mr. Akerson in 2014 as he retired on July 1, 2014.

Performance Metrics

The performance metrics for the CEO's compensation in 2014 included financial and operational goals, although Mr. Akerson did not participate in the STIP due to his retirement.

SEC Filing

From April 24, 2015

Daniel F. Akerson

Ex-CEO of General Motors

DF

Education

Field of Expertise

Finance & Banking - Finance

Born

November 30, 1947 - 77 years ago

Is Founder?

No

Tenure

3 years 4 months (Sep 2010 - Jan 2014)

Previous Experience

Executive Vice President and Chief Financial Officer since June 2013; Managing Director and Head of Industrial Investment Banking for Morgan Stanley from 2004.