Mary Barra's GM Compensation Slips: Only $21.9 Million

GM CEO Mary Barra (GM photo)

When your pay drops nearly 3 percent, sometimes you have to do a little belt-tightening.

In the case of Mary Barra, we'll go out on a limb and guess lifestyle adjustments aren't necessary. 

The General Motors Co. Chairman and CEO Mary Barra was paid $21.96 million in total compensation in 2017, a 2.8-percent decrease from the $22.58 million in 2016, reports Nora Naughton of The Detroit News:

Barra is ahead of Ford Motor Co.’s ousted former CEO Mark Fields, who was paid $21 million, and Fiat Chrysler Automobiles NV CEO Sergio Marchionne, who was paid $12 million. Ford’s new CEO Jim Hackett, who took over on May 19, was paid $16.73 million in 2017.