Mulally's pay cut is not so severe as Wagoner's

Because Ford hasn’t taken federal money, Mulally hasn’t had to take a $1 annual salary. But he will take a 30 percent pay cut.

By:

Amy Wilson

March 30, 2009 05:00 AM

DETROIT -- In his first 28 months as Ford's CEO, Alan Mulally earned $63.4 million in salary and bonuses. For at least the next two years, his belt will be considerably tighter.

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