GM seeks approval to pay CEO $11.1 million - CNBC
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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The government sold a 10 percent stake in state-run behemoth Coal India on Friday, in a bumper sale which saw demand from institutional investors marginally exceed supply, giving a welcome boost to the government's faltering divestment drive. Full Article