2013-02-26 — detroitnews.com
General Motors Co. wants to pay its chief executive $11.1 million in total compensation this year -- an increase of more than 20 percent over 2012-- and offer raises to most of its highest paid executives, according to a document turned over to Congress.
The Detroit automaker, which received a $49.5 billion bailout in 2008 and 2009, must get approval for the pay packages for its top 25 executives from the Treasury Department, as a condition of its government bailout.
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