Changes in technology, although the conflict between the countries and the behavior of consumer, Automotive Sector It is still the world’s most profitable, and its leading executives have a millionaire wage. Although the CEO’s salary varies by the CEO of this sector, the standard of course is the standard: leaders who guide industry giants to high salaries and new limits with strong financial performance.
Every year, these officers should not only order billionaire companies, but also make decisions that affect the entire global industry, especially when the market is changing, with the arrival of electric cars and the digital transformation of motorists.
The financial impact of this salary packages reflects in the field of constant adaptation facing new demands and global challenges. Increasing pressure motor makers for sustainability, innovation and competitiveness have led to investing in new technologies and investing heavily in production diversity. By observing the wage of the highest paid CEOs in this field, it is possible to realize the effect of this high responsibility and these leaders on the auto industry transformation.
Carlos Tawares. At the end of last year, it was announced that he had left the executive company. Tawares has left his position earlier earlier than that of the board and some shareholders to disagree with the future of the vehicle manufacturers.
- Carlos TawaresFormer Stellantis CEO: 39 million euros
- Mary BarraCEO of General Motors: $ 27.8 million
- Jim ForleyFord CEO: $ 26.5 million
The second place on the highest payment CEO list is occupied Mary BarraCEO of General Motors. In 2023, Barra received the entire remuneration pack of US $ 27.8 million. Although his salary is 4% reduction compared to 2022, his leadership is basic for the American giant, mainly due to the bonus adjustment. At the crucial moment of transformation to the automotive industry, Barra stood for electrification and handling GM towards new technologies.
Third, Jim ForleyFord CEO also assured a significant compensation. Forley got approximately.5 26.5 million in 2023. Ford’s strategy with heavy investments in electric vehicles and new partnerships is an important pillar of the management of the forley, which reflects the package of its salary.