Business

Sweet Haul: Fiat Chrysler's Sergio Marchionne Earned Nearly $12 Million in 2017

February 20, 2018, 12:32 PM

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Sergio Marchionne (Photo by: Agência Brasil)

Fiat Chrysler Automobiles CEO Sergio Marchionne does OK.

He was paid 9.67 million euros (nearly $12 million) in 2017 compensation, reports Nora Naughton of The Detroit News. It's slightly more than  the nearly $11.5 million he made in 2016. He'll also get stock for the first time in three years, based on company performance.

To the common person, that's a lot of money. But in the corporate auto world, it's modest. General Motors CEO Mary Barra  earned $22.6 million in 2016 compensation.


Read more:  The Detroit News


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