GM Reveals CEO's Steep Paycheck as Stocks Rally for 3rd Straight Day

Stocks end up extending their rally to a third day, the day before Janet Yellen is supposed to appear before Congress. Yellen is set to give her first semiannual Humphrey-Hawkins testimony on monetary policy tomorrow after being at the helm of the Fed for less than two weeks. After months of urging Apple (AAPL) to buy back more of its stock, Ichan has finally stopped endorsing the buyback campaign. Apple believes that they have already bought back a significant amount of its stock and doesn't feel that it needs to be more aggressive.
General Motor's (GM) first female CEO is set to make $14.4 million in 2014, which is nearly 60% higher than GM's former CEO, Dan Akerson.

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Published on Feb 10, 2014
By InvestorGuide Staff

Copyrighted 2020. Content published with author's permission.

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