Ex-Ford CEO Mark Fields walks away with $57.5M payout

Wibbitz Top Stories 2017-05-25

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Former Ford CEO Mark Fields could walk away with $57.5 million severance, according to Bloomberg. The biggest portion of the CEO's payout comes from unvested stock awards, which is valued around $29.4 million. Fields resigned on May 19, after complaints that the automaker's stock declined by 37 percent during his tenure. Jim Hackett, the man behind Ford's self-driving cars, is expected to replace Fields.

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