VW group has record year so VW CEO doubles his salary to $23 millionIt is a good time to be an executive as the Volkswagen Group. $23 million is a lot of dough and we can argue about if it is warranted. Martin Winterkorn is the CEO and his 2011 salary was about $12 million. His 2012 salary? Almost double at $23 million thanks to bonuses and incentives. Winterkorn sure is making an incentive laden contract look good and we would love to know the deals as to what bonuses he gets for what goals. Regardless, all board members have earned a 94.2% pay increase since 2010, wow.
This article was originally published in forum thread: VW group has record year so VW CEO doubles his salary to $23 million started by Sticky View original post