Blue Oval 特别指出，法利带领公司又迎来了盈利的一年，扭转了福特的国际业务，与 UAW 和加拿大Unifor 达成了协议，并推动了成本和质量的改善。总体而言，福特 2023 年的收入增长了 11%，达到 1760 亿美元。不过，并不是所有人都认为法利应该赚这么多。UAW 主席肖恩·费恩 (Shawn Fain) 对此提出了非常严厉的批评。 

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- UAW (@UAW) 2024 年 3 月 29 日

更多信息：福特的下一代电动 F-150 可能会放弃 Lightning 名称，进行平台重组

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Ford CEO Jim Farley Made $26 Million In 2023, 312 Times The Median Compensation

In response to Farley's payout, UAW President Shawn Fain remarked, "This is corporate greed, plain and simple"

by Stephen Rivers

4 hours ago

• Jim Farley received a base salary of $1.7 million, along with $20.3 million in stock awards and $2.4 million in incentive plan compensation.
• That’s a significant raise of 26% compared to his $21 million compensation in 2022.
• Yet he still makes less than many other automotive CEOs in the industry.

In a move that surprises absolutely no one, Ford CEO Jim Farley received a substantial raise in 2023, boosting his total compensation from the automaker to $26,470,033. That’s approximately $5 million more or a 26 percent increase compared to 2022.

While Ford credited Farley with several victories over the fiscal year, UAW President Shawn Fain couldn’t help but scoff, stating that, “This is corporate greed, pure and simple”.

The compensation data comes from Ford’s annual shareholder meeting notice statement. There, it details that Farley’s base salary stands at $1.7 million, as it has been since 2021, with the remainder comprising approximately $20.3 million in stock awards, about $2.4 million in incentive plan compensation, and other benefits.

Interestingly, the stock awards are based on estimates of future payouts. Ford justified that pay package by citing Farley’s accomplishments over the last year. 

Specifically, the Blue Oval pointed out that Farley led the company to another profitable year, turned around Ford’s international operations, reached a deal with the UAW and Unifor in Canada, and drove improved cost and quality. Overall, Ford saw an 11 percent jump in revenue to $176 billion during 2023. Not everyone believes that Farley should be making so much though. Shawn Fain, the president of the UAW was very critical. 

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— UAW (@UAW) March 29, 2024

“Just a few weeks ago Farley was crying to the press about how the UAW’s record contracts were forcing the company to rethink where they build their vehicles, but now they have no problem finding the money to give him a 26 percent pay raise to $26.5 million a year,” Fain said in a UAW statement. “Let’s be clear: this is corporate greed, plain and simple.”

Notably, the median compensation for all Ford employees aside from Farley is $84,829 which represents a substantial jump from $74,691 in 2022. Ford didn’t release the average salary at the company. In short, Farley makes 312 times what the average Ford employee does. 

More: Ford’s Next Electric F-150 Might Ditch Lightning Name, Get Platform Shakeup

Farley also incurred expenses of $611,174 for personal aircraft use, while Bill Ford, the company’s executive chair of the company, spent $732,943 for personal aircraft use and $1,244,098 for security measures. It should be pointed out though that for safety reasons, that both the CEO and executive chair are prohibited from commercial air travel for safety reasons.

Amazingly, Farley’s total compensation is dramatically less than that of Stellantis CEO Carlos Tavares who made some $40 million or about 518 times the average employee, and likely less than that of GM CEO Mary Barra who raked in $29 million during 2022 according to Freep. Bill Ford, the executive chair of the brand made $20.6 million last year.