Mary T. Barra
BASE PAY $2,100,000
BONUS + INCENTIVE COMP $5,250,000
TOTAL CASH COMPENSATION $7,350,000
STOCK AWARD VALUE $14,625,000
OPTION AWARD VALUE $4,875,013
TOTAL EQUITY $19,500,013
TOTAL OTHER $997,392
TOTAL COMPENSATION $27,847,405
Do you see how she really makes $2M but multiplies that two million by 13.25 via stock options?
The dirty math: Projected sales and an eye on the global market, Mary and the gang know that their compensation is likely to shrink significantly in the future. This 5% cut and any subsequent cuts are meant to boost her shrinking salary. Right now, she's at peak salary but it's going to trend back below $20M. The poor dear.
The cynical truth: The global auto sales are significantly down. We will see mergers, realignments, partnerships and lots of executives sent to the door when GM moves out of the black and into the red. Mary probably has 2 more years max. If the 25% tariff kicks GM in the shin because a significant amount of parts and even assembled cars are coming from outside the U.S., none of us should laugh if she's sent packing because we are all in big trouble.