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Combined, Ghosn has understated his remuneration at Nissan by around 8 billion yen in the eight years through the fiscal year that ended in March, the paper said, without citing sources. It did not mention whether a new case would also target Kelly. Ghosn and Kelly were arrested and dismissed from their positions this week over allegations of financial misconduct. A new case would make Ghosn liable for rearrest, Asahi said. With the duo still in custody, neither man has been able to defend himself publicly against the allegations.
(Reuters) - Carlos Ghosn, one of the most celebrated leaders in the global auto industry, was ousted as the chairman of Nissan Motor Co (7201.T) on Thursday over allegations of financial misconduct including under-stating his 3d batman dark knight tumbler cufflinks income by around 5 billion yen ($44 million) over five years, Ghosn, who helms Mitsubishi Motors (7211.T) and Nissan’s French partner Renault (RENA.PA), is one of the most well-paid executives at global automakers, a Reuters analysis of company filings shows, The following is a snapshot of the compensation packages earned by top auto executives in their latest financial year..
MARY BARRA - $21.96 million. CEO of General Motors (GM.N). (Consists of $2.1 million in salary, $10.7 million in restricted stock awards, $4.96 million in other compensation and bonus and $4.2 million in all other compensation). CARLOS GHOSN - $16.9 million. (Comprises $8.4 million from Renault, $6.5 million from Nissan and $2 million from Mitsubishi). JIM HACKETT - $16.7 million. CEO of Ford Motor Co (F.N). (Comprises $1.34 million in salary, $10.37 million in restricted stock awards, $4.6 million in other compensation and bonus and $0.42 million in all other compensation).
BILL FORD - $15.6 million, Executive chairman of Ford, (Consists of $1.65 million in salary, $10.27 million in restricted stock awards, $1 million in other compensation and bonus and $2.71 million in all other compensation), DIETER ZETSCHE - $9.8 million, CEO of Daimler 3d batman dark knight tumbler cufflinks Chrysler (DAIGn.DE), (Comprises $2.29 million in salary, $3 million in restricted stock awards, $4.5 million in other compensation and bonus), HARALD KRUEGER - $9.5 million, CEO of BMW (BMWG.DE), (Comprises $1.71 million in salary, $0.2 million in restricted stock awards, $7.6 million in bonus and $0.02 million in all other compensation)..
DAN AMMANN - $9.3 million. President of General Motors Corp (GM.N). (Consists of $1.45 million as salary, $4.1 million in restricted stock options, $2.1 million in other annual compensation and bonus and $1.6 million as all other compensation). ELON MUSK - Potential pay worth up to $2.6 billion. CEO of Tesla Inc (TSLA.O). (Shareholders approved a compensation award potentially worth $2.6 billion. It includes no salary or cash bonus but sets rewards based on Tesla's market value rising to as much as $650 billion over the next 10 years, Reuters reported in March here).
BEIJING (Reuters) - China on Friday urged the World Trade Organization (WTO) to close loopholes and correct practices by some member states that damage global trade, warning of a “profound crisis” facing the institution’s existence, China and the United States have clashed about how the WTO should reform to better serve member interests, amid a widening trade dispute that has triggered billions in retaliatory tariffs and rocked global markets, Members of the G20 are expected to discuss WTO reform when they meet at a summit in Argentina next week, following a failed attempt to 3d batman dark knight tumbler cufflinks reach agreement on the topic at an APEC forum held last week in Papua New Guinea..
Debate on reforming the WTO has been largely driven by U.S. complaints that it has failed to police suspected Chinese rule-breaking, with U.S. President Donald Trump threatening a withdrawal to protect American interests. The United States wants the WTO to crack down on China’s subsidies for state-owned enterprises (SOE), overcapacity in steel and other basic industries, and on the practice of forcing investors to hand over valuable technology. At a news conference on Friday, China’s Vice Commerce Minister Wang Shouwen unveiled a list of detailed demand and principles to clarify China’s stance that reform should uphold core WTO values, ensure fairness and protect developing countries’ interests.
He took aim at what he called “excessive” agriculture subsidies enjoyed exclusively by developed countries, saying some member states had exploited loopholes in the WTO system, Reforms should correct some countries’ discrimination against investments by other countries and companies, and not be used as a way to deprive China of the right to enjoy differentiated treatment as a developing country, Wang said, without naming any countries, “Some countries are in reality just hoping to uphold their monopoly 3d batman dark knight tumbler cufflinks status and restrict other member states’ development,” he said..
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