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Messages - AlodiaX

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Automotive News & Fuel/Energy debate/discussion / Chrysler declares Chapter 11 bankruptcy
Well, in an age of automotive bailouts and CEO salaries have given the car-buying working class individuals something to hate, one CEO has shown that he drew no salary. The Detroit Free Press reports that Chrysler's annual financial report filed Tues reveals that business Chairman and CEO Sergio Marchionne was compensated no salary or stock options in 2011. Marchionne, who is also the CEO of Fiat, did receive payment and stock from the Italian automaker. Get more information here: Chrysler CEO Sergio Marchionne officially took no salary or stock in 2011