How was GM given 30% raise last year? Stock is down 10% just from last year

Must’ve been nice getting paid 30% pay increase to 20M last year for overseeing the stock tanking by 10%.

April 2023 stock price- $93
April 2024 stock price - $81

This is completely mind boggling, how long will the BOD keep sleeping? It is pretty clear that Wall Street has no confidence on GM capabilities. He has been in charge for 4 years now, and our earnings are basically flat compared to 2020 while all our competitors have grown 20% since.

All he has done so far is appoint his incompetent buddies as VPs and not taking accountability for any of his actions

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Since they are moving compensation goalposts how about resetting my $131.26 2021 options? Mine go away in 2026 and I will never see a penny.

They laid off enough people so they could afford to give him a big raise

Take a look at BSC, or any other large Med device stock over the last 4 years vs. MDT. It is a shame that GM (and most of Excom) gets a 30% comp increase. This BOD is just BS.

Since GM became CEO
MDT returns: -2%
Med Device ETF: +35%
Difference -37%

Here’s a surprise…every med device company is the same. Either they’re hiring their cronies who keep them in position, or they go full on DEI and you can’t oust them for fear of being cancelled. Yea, he’s an old white dude. But he’s brought in lots of diversity and toes the federal line on ensuring no discrimination. Good luck with the same with BSC. Or J&J. Or Abbott. Or Baxter.

Thread regarding Medtronic Inc. layoffs

How was GM given 30% raise last year? Stock is down 10% just from last year

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