How much salary will GM CEO Fritz Henderson get paid by taxpayers?
June 12, 2009
Fritz Henderson, the General Motors CEO, says he will probably stay on as the company's top guy once it emerges from bankruptcy, according to an AP story on MLive.com today.
With the taxpayers owning GM now, the question has to be raised about how much salary we will pay him.
Remember several months back when the U.S. Congress forced Detroit auto execs to drive to D.C. rather than take their private jets. The argument was that it cost less.
Will the GM CEO's pay receive the same kind of scrutiny or will he be paid millions like his predecessors?
As the source of the funds for their operation, the taxpayers should have a right to know what top GM execs will be paid. Don't you think?