General Motor's new Chief Executive Officer Mary Barra, the first female CEO in GM history, will supposedly be paid $14.4 million in cash and stock during 2014, according to Reuters.

Barra, 52, will earn 60 percent more than her predecessor, according to the automaker

The No. 1 automaker in the U.S. previously said Barra would earn approximately $4.4 million in cash and stock compensation during 2014, but that sum did not include what she would earn through the automaker's compensation plan.

GM's compensation plan equals $10 million, according to Reuters.

GM said it confirmed the figures before its proxy scheduled for this April "to correct misconceptions created by comparisons that used only a portion of Barra's overall compensation."

"As a new CEO, Mary's total compensation is in line with her peer group and properly weighted so that most is at-risk," GM Chairman Tim Solso said in a statement, according to Reuters. "The company's performance will ultimately determine how much she is paid."

Barra's predecessor, Dan Akerson, stepped down last month.

GM has not confirmed Akerson's 2013 compensation, but in 2012 the automaker paid him $9 million in cash and stock, according to Reuters. His compensation included $2 million "in restricted stock units" that he received in 2011.

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