Ford's new CEO gets $18.5 million to take job
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DETROIT  -Ford Motor Co.  said on Friday it  would pay veteran aerospace executive Alan Mulally $18.5  million to join the troubled automaker as its new chief  executive in addition to an annual salary of $2 million.
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DEARBORN, Mich. -- Ford Motor Co. said Monday it plans to get about $18 billion in financing in part to address near- and medium-term negative operating-related cash flow and fund its restructuring.
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OAKVILLE, Ont. (CP) - Government incentives worth hundreds of millions of dollars to Ford Motor Co. are critical tools in helping to ensure the giant automaker continues to do business in Canada, Premier Dalton McGuinty said Tuesday.
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Ford Motor Co. will offer buyout   packages of up to $140,000 to all of the more than 75,000   workers at its U.S. plants, the United Auto Workers union said   on Thursday, a day before the automaker details a revised   turnaround plan in response to slumping sales.
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Former PeopleSoft Inc. chief  executive Craig Conway will get a severance package worth about  $18 million after he was fired earlier this month, a source  familiar with the package said on Monday.
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Ford Motor Co.  announced on  Thursday a shake-up of its top management intended to  streamline vehicle development efforts and bring Chief  Executive Alan Mulally closer to key operations.
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Computer Associates International Inc., a business software company, has agreed to give its new CEO, 50-year-old John Swainson, a pay package amounting to more than $8.6 million in salary, signing bonuses and stock.
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SBC will design, build and manage the Internet phone system for Ford&#39;s headquarters in Michigan. The project -- valued at an estimated $100 million -- is likely to be completed in the next three years.
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Visteon Corp. is offering its 8,100 white-collar employees $1,000 cash bonuses to buy Ford Motor Co. vehicles and boost its largest customer and former parent company in its
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Ford Motor Co.  said on Monday it  plans to obtain financing totaling about $18 billion to address  near-and medium-term negative operating-related cash flow, to  fund its restructuring, and to provide added liquidity.
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With the hiring of a new chief executive, Ford is said to believe it can resolve its financial crisis without any outside help.
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DETROIT -- Ford Motor Co. plans to offer buyout and early retirement packages to more than 75,000 of its employees, a United Auto Workers union official said Thursday.
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Ford Motor has agreed to settle a lawsuit that accused its chief executive of improperly accepting shares in the initial public offering of Goldman Sachs, which agreed to pay $13.
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NEW YORK/DETROIT  - Ford Motor Co.  said on Monday it plans to borrow $18 billion by pledging assets as collateral, an unprecedented requirement that highlights its worsening financial condition.
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Ford Motor Co.  said on Monday it plans to raise $18 billion in debt financing to fund its restructuring, the latest sign the automaker is struggling to turn around its money-losing North American operations.
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William Clay Ford Jr. is giving up the chief executiveÂs title after five years. Alan Mulally, an executive at Boeing, will be the president and chief executive.
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Ford Motor Co. F.N on Friday said it   would cut its annual costs by about $5 billion by the end of   2008 and reduce its salaried staff by about a third as part of   an accelerated restructuring.