Ford CEO’s Pay Slips 2.2% for ‘Not Nearly Good Enough’ Year
- Hackett’s $17.4 million pay was 157 times the median worker
- Heir apparent Farley receives 43% raise in total compensation
Jim Hackett
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
Ford Motor Co. Chief Executive Officer Jim Hackett’s compensation slipped 2.2% in 2019, a year he summed up as “simply not nearly good enough.”
Hackett received $17.4 million in total compensation, down from $17.8 million in 2018, according to a filing Friday. His annual pay was 157 times the $110,706 earned by the company’s median worker.