WASHINGTON, Dec 23 (Reuters) - - U.S. Treasury pay czar Kenneth Feinberg has approved compensation plans for several firms receiving assistance from Uncle Sam.
Feinberg OKed up to $9.5 million for GMAC CEO Michael Carpenter in 2010, up to $6.2 million for General Motors CFO Christopher Liddell and $600,000 annually for Chrysler CEO Sergio Marchionne for his service on the Chrysler board of directors.
((Reporting by Corbett B. Daly, Editing by Gary Crosse))
((corbett.daly@thomsonreuters.com; +1-202-898-8395; Reuters Messaging: corbett.daly.thomsonreuters.com@reuters.net)) Keywords: USA TREASURY/COMPENSATION (Multimedia versions of Reuters Top News are now available for: * 3000 Xtra: visit http://topnews.session.rservices.com * BridgeStation: view story .134 For more information on Top News: http://topnews.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Feinberg OKed up to $9.5 million for GMAC CEO Michael Carpenter in 2010, up to $6.2 million for General Motors CFO Christopher Liddell and $600,000 annually for Chrysler CEO Sergio Marchionne for his service on the Chrysler board of directors.
((Reporting by Corbett B. Daly, Editing by Gary Crosse))
((corbett.daly@thomsonreuters.com; +1-202-898-8395; Reuters Messaging: corbett.daly.thomsonreuters.com@reuters.net)) Keywords: USA TREASURY/COMPENSATION (Multimedia versions of Reuters Top News are now available for: * 3000 Xtra: visit http://topnews.session.rservices.com * BridgeStation: view story .134 For more information on Top News: http://topnews.reuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.