GM seeks approval to pay CEO $11.1 million - CNBC

Tue Feb 26, 2013 8:43am IST

A General Motors logo is seen on a vehicle for sale at the GM dealership in Carlsbad, California January 4, 2012. REUTERS/Mike Blake/Files

A General Motors logo is seen on a vehicle for sale at the GM dealership in Carlsbad, California January 4, 2012.

Credit: Reuters/Mike Blake/Files

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REUTERS - General Motors Co (GM.N) wants to pay its chief executive, Dan Akerson, $11.1 million this year, CNBC reported, citing related documents.

If the U.S. government approve the plan, Akerson's annual compensation would increase more than 20 percent compared to last year, the report said.

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