Heres How Much Money GMs First Female CFO Could Make

Here's How Much Money GM's First Female CFO Could Make General Motors' first female CFO could acquire about $5 million during her first year at work â€" generally $2 million not exactly in any event one male partner. Dhivya Suryadevara, 39, is set to succeed GM veteran Chuck Stevens as the automaker's CFO on Sept. 1. Archives documented by GM show that her base compensation is set at $900,000, with the likelihood to procure a reward of generally $1.13 million, or 125% of her base compensation, the Detroit Free Press reports. Suryadevara will likewise get $743,750 in investment opportunities and a potential $2.23 million in execution extra awards, carrying her conceivable complete profit to around $5 million. Passage Motor Co's. CFO Bob Shanks, who has been in his job since 2012, earned $6.7 million of every 2017 and $6.3 million out of 2016, the Free Press reports. Suryadevara, a Harvard Business School graduate initially from India, turned into the organization's VP of corporate account a year ago, subsequent to filling in as the CEO of GM Asset Management. She will answer to GM Chairman and CEO Mary Barra in her new job. Barra, who earned a detailed $21.96 million in all out pay a year ago, was the most generously compensated Detroit auto official in 2016, bringing home $22.58 million that year, as indicated by the Free Press. With Suryadevara's advancement and Barra in charge, GM will get one of just two Fortune 500 organizations to utilize both a female CEO and CFO, CNBC reports.