(MENAFN- AFP) The new General Motors boss, Mary Barra, will earn a total pay package of $14.4 million this year, 60 percent more than her male predecessor, the automaker said Monday.Feminist organizations were outraged late last week after US media reports said Barra would only be paid $4.4 million, less than half of former chief executive Dan Akerson, who had pocketed $9 million in 2013 and stepped down in January.But Barra, the first woman to head a global automaker, is slated to receive $14.4 million for 2014, dependent on the company's performance, GM said.GM said it was releasing details of her pay package now "to correct misperceptions".The compensation package breaks down to salary of $1.6 million; short-term incentive compensation of $2.8 million; and long-term compensation of $10 million."As a new CEO, Mary's total compensation is in line with her peer group and properly weighted so that most is at-risk," said GM chairman Tim Solso."The company's performance will ultimately determine how much she is paid."The long-term compensation is subject to the approval of a new incentive plan by GM stockholders at the company's annual meeting in June.
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