Ford Chiefs Pocket Shares Worth Almost $100M

Alan Mulally, Ford Motor’s (F) chief executive, and Bill Ford, chairman, have reaped the rewards of the Detroit carmaker’s dramatic turnround, between them pocketing shares worth almost $100 million. Ford disclosed in regulatory filings it had paid Mr Mulally 3.8M shares worth about $56M before tax. Mr Ford was paid 2.9M shares worth $42M. About 40% of the shares were held back for tax payments. – FT