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Mulally: 'I'll accept $1 salary'
02 December 2008
Alan Mulally, the boss of Ford, has told reporters that he’ll accept a $1 salary next year if it helps the Blue Oval secure bailout money from the US Senate.
Chrysler’s Bob Nardelli made a similar promise in a meeting with the US Congress last week, but the bosses of Ford and GM were slow to follow his lead.
The Ford boss also responded to recent criticism that he and executives from Chrysler and GM flew to the crisis talks in Washington on their private jets.
Mulally said he would drive to Washington for his next meeting with Congress this week.
Will Powell
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