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Mary Barra
Freed from government oversight, GM triples CEO's pay

DETROIT General Motors paid chief Mary Barra $16.2 million in total compensation for 2014 in the first year the company's executive pay was free from government oversight, according to a government filing released today. Her pay was more than triple the $5.2 million she made in 2013 because on Jan. 15, 2014, she was promoted from executive vice president for global product development to chief executive. The lifting of government restrictions also was a factor in that increase. Her 2014 base salary of $1.57 million accounted for almost 10 percent of the entire package, which for all GM executives is pegged much more to performance-based incentives than during the four years of...