General Motors might have had a controversial year in 2014 but its new CEO made out like a bandit.
Mary Barra, 53, the first woman CEO of a main U.S. automaker, was paid $16.2 million for her efforts last year, GM said in a proxy report filed with the U.S. Securities and Exchange Commission on Friday.
Barra's compensation is a 78 percent increase compared to what her male predecessor Dan Akerson made his last full year as GM CEO, according to Reuters.
Akerson, 66, was paid $9.1 million in 2013, though he also received $2.1 million in 2014 after retiring, effective Jan. 15, 2014.
Even though a good portion of Barra's payment is linked to stock awards that she can't touch yet, she was still paid $4.55 million in salary and additional "liquid compensation" for last year, according to the proxy report.
In comparison, Barra was paid $5.2 million in 2013 in cash and stock when she was executive vice president and ran global product development.
So how does Barra's 2014 total measure up to some of her counterparts?
Fiat Chrysler Automobiles CEO Sergio Marchionne compensation was valued at around $38 million at the end of 2014, according to the Detroit Free Press.
Ford named Mark Fields its new CEO in July 2014, so they had to pay Fields $18.6 million in compensation and former CEO Alan Mulally $22 million.
This means all three made more than Barra last year, but that might not be the case for much longer.
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