General Motors has tweaked CEO Dan Akerson's pay mix to compensate for the possibility that the 64-year-old executive may retire before his long-term restricted stock vests in three years. Last year, Akerson saw his pay jump by 44 percent to $11.1 million, including $1.99 million in restricted stock as salary units, which vest immediately. Previously, Akerson was awarded around $2 million in restricted stock that could be forfeited on retirement. The change has led some analysts to believe Akerson may retire earlier than he had planned.
Autoblog , GM alters Akerson's pay mix because he may retire, GM alters Akerson's pay mix because he may retire
