DETROIT – General Motors will begin tying a “significant part” of its long-term executive compensation with the company’s electric vehicle goals, CEO Mary Barra said Tuesday.
Starting this year, Barra said the compensation targets will include volumes of EVs in North America as well as launch timing and quality for such vehicles.
GM plans to increase its production of electric vehicles to 2 million in North America and China by 2025, as it moves to exclusively sell EVs by 2035. The company has also said it plans to become the top-selling automaker of EVs, surpassing Tesla, by mid-decade.
“At GM, our compensation has always been driven by the company’s success. And no one should doubt our commitment to lead in EVs or the passion our team has for that mission,” Barra said during the company’s first-quarter earnings call.
The Detroit automaker has faced increased pressure from Wall Street to transition to electric vehicles in the wake of industry leader Tesla’s rise to become the top-valued automaker at a market cap of more than $900 billion.
Barra said the new compensation benchmarks are meant to underscore the company’s commitment to EVs. Further details about the EV compensation targets are expected in the company’s upcoming proxy filing, which Barra said will be filed Friday.
In 2020, Barra’s compensation package was $23.7 million, including a base salary of about $2 million and stock awards of $13 million.
ivermectin tablet – stromectol 3 mg order tegretol pill
buy absorica generic – order isotretinoin pills buy cheap zyvox
purchase amoxicillin for sale – buy valsartan 80mg pill order combivent generic
buy azithromycin online – buy azithromycin 500mg order nebivolol pills
order prednisolone 40mg online – where to buy prednisolone without a prescription order progesterone 200mg sale
generic lasix 40mg – piracetam 800 mg usa order generic betamethasone
cheap gabapentin 600mg – anafranil for sale order itraconazole 100 mg generic
purchase doxycycline generic – order albuterol online cheap glucotrol 5mg brand
buy rybelsus 14mg generic – order levitra 20mg generic buy periactin 4 mg generic
order cialis pill – cheap generic tadalafil order sildenafil online cheap
cost sildenafil 100mg – cost tadalafil 5mg cialis 10mg price
buy lipitor – prinivil cost buy lisinopril 5mg generic
order cenforce 100mg for sale – buy cenforce buy generic glycomet
atorvastatin 40mg drug – order amlodipine 10mg online buy prinivil generic
lipitor 80mg price – atorvastatin 10mg oral buy lisinopril 2.5mg
cost omeprazole – order lopressor 100mg tenormin 50mg for sale
how to buy depo-medrol – pregabalin 75mg uk aristocort over the counter
buy cytotec 200mcg sale – purchase diltiazem generic diltiazem buy online