Showing posts with label General Motors. Show all posts
Showing posts with label General Motors. Show all posts

Friday, June 27, 2014

Matt Lauer Under Fire For 'Sexist' Question Asked Of GM CEO --Oh, just man up and explain why you asked

June 27, 2014 CEO Mary Barra , General Motors 0 Comments
Matt Lauer
By Kimberly Nordyke, Jun. 26, 2014, Hollywoodreporter.com

Matt Lauer came under fire Thursday morning following his interview with GM chief executive Mary Barra over a question he asked about her ability to do her job well while also being a good mother.

During the interview, which aired Thursday on NBC'sToday, Lauer brought up a recent statement made by Barra about missing her son's junior prom: "My kids told me the one job they are going to hold me accountable for is 'Mom.' "

Lauer followed up: "Given the pressures of this job at General Motors, can you do both well?"

Barra's response: "You know, I think I can. I have a great team, we're on the right path. ... I have a wonderful family, a supportive husband and I'm pretty proud of the way my kids are supporting me in this."

Afterward, Lauer was criticized in the media and Twitter for asking what many called a "sexist" question. Several viewers asked him on Twitter whether he would have posed the same question to a male.

Read the full story:  www.hollywoodreporter.com

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Friday, March 21, 2014

Business Insider: "GM CEO Makes 60% More Than Her Predecessor" --Will male ex-CEO sue under Ledbetter?

March 21, 2014 "War On Women" , Alex Davies 0 Comments
Mary Barra, CEO General Motors
By Alex Davies, Feb. 10, 2014, Business Insider

 General Motors CEO Mary Barra will earn $14.4 million in 2014, a 60% bump over what her predecessor, Dan Akerson, made, the company announced today.
That compensation includes a $1.6 million salary, $2.8 million in short-term incentives, and about $10 million in long-term compensation.
GM had not planned to release the long-term compensation figure until its proxy filing in April, but changed its mind after it was accused of underpaying its first female CEO by Fox News and others.

Without that extra $10 million, Barra was making much less than Akerson, who brought home about $9 million in 2013, and stepped down in early January. That prompted Elizabeth McDonald at Fox to ask, "why does GM think Barra’s value as its CEO is currently worth 52% less than Akerson's?"
Now that the final numbers are out, that accusation is invalid.

Read the full story:  www.businessinsider.com

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Bogus “War Against Women” Feel Bad Story : “GM CEO Paid ½ Male Predecessor” --Really? No, not really.

March 21, 2014 "War On Women" , Associated Press 0 Comments
By Carlos Osorio, Feb. 5, 2014, Associated Press
When Mary Barra was tapped as the first female chief executive officer of General Motors (GM), the appointment was hailed as an achievement for women’s equality in the executive suite. 
But executive equality apparently only goes so far. 
Barra will be paid less than half what her predecessor Dan Akerson earned. Even more startling is the fact that Akerson will earn more in his new advisory role with GM than Barra will reap as the company’s top executive. 
General Motors will pay Barra $4.4 million in salary and other compensation, according to a regulatory filing. Akerson earned $9.1 million in 2012, which included $1.7 million in salary and stock awards of $7.3 million.  Akerson’s continuing pay as a senior adviser may raise even more eyebrows, given that he’s entitled to $4.68 million, more than Barra is slated to earn. 
In a statement, GM dismissed the issue of pay inequality. “This represents two of her three compensation components. Specific long-term incentive compensation numbers will be included in the company’s April 2014 proxy filing, which likely will dispel any notion of pay inequity,” the company said. It added that discussion of pay inequality is “premature and flawed.” 
Regardless of what GM will disclose in April, the fact remains that women in executive roles are underpaid when compared with what their male peers earn.   Only eight percent of the five best-paid executives among the Standard & Poor’s 500 Index companies were women in 2012, according to a report published last year by Bloomberg. The highest-paid women, in turn, earned 18 percent less than men. 
Read the full story:  www.cbsnews.com

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