Wednesday, April 18, 2012

tera gold the last two years - AAD

129784668229897500_415Domestic and foreign car companies BYD executive pay list Ford King "Happy 2011 actually gets us $ 29.5 million, boarded the Enterprise Executive pay list of the richest! "--Ford CEO Mulally" apparently I pay only your one-forty fifth, only $ 4.0675 million (about 650,000 dollars), but I have a stake worth more than billions of dollars! "China--BYD Chairman Wang chuanfu hasAs the world's largest auto production and sales, car companies do CEOs ' incomes and the level of international standards? As the listed car companies at home and abroad have released the 2011 annual report, we can see about. In April of this year's Beijing auto show, BYD (002594.sz) met partner Daimler CEO Wang chuanfu, Chairman Cai Che, who will"Money bag"? In fact, he should discuss and Ford CEO Mulally, which represents the highest domestic car companies to market executive pay level-4.0675 million-$ (about 650,000 dollars), while Mulally's salary levels in the international car Giants executives of top level--2011 annual revenues of us $ 29.5 million, Cai Che for $ 11.5 million, pay about one-forty fifth of Mulally, Mr Wang, Cai Che one-eighteenth. But given the BYD company's largest shareholder, Mr Wang, its own equity value of more than billion, and foreign executives mainly for professional managers, having low, therefore, domestic and foreign vehicle CEOs pay gap is not so big. Along with theAppreciation of the Renminbi, Chinese and foreign automakers Executive income gap is narrowing. Ford reported net profit in 2011 than in 2010 growing a staggering US $ 20.2 billion, while BYD 2011 1.384 billion yuan in net profit, up reduces the 45% BYD about Ford's one-one hundredth, it seems, revenue isAnd linked to the benefits. Pay King in China Wang chuanfu, BYD executives sky-high salaries are just a symbol of BYD executives incomes, he himself was not the company's highest-paid, after all, as a boss, equity value is big. BYD in the 2011 annual report, in addition to Mr Wang, there are 5 executives earning more than $ 4 million, listed in domestic car companies in the calculationIs far ahead. Highest paid as Vice President and Chief Financial Officer, Secretary, Wu Jing-Sheng--up to 4.899 million Yuan, it seems tera gold, financial security is most important for BYD; Director of automotive research and development Vice President Lian Yubo than �C, Mr Wang reached 4.8365 million Yuan, "technology company" is not just a slogan; although BYDA significant decline in sales and profits last year, but 2010 is a small growth in revenue, and after all, 2011, BYD Auto sales business also grew, CPI is so high, always keeping pace with it! BYD to enter before the auto industry, listed enterprises Executive income "richest list" of jiangling Motors (000550.sZ) Chen Yuanqing, Chief account, pay Chen issued by jiangling shareholders Ford China, Chen issued by Ford. 2011 paid by jiangling motors to Ford for $ 375,000, converted into Yuan less than in 2010. BYD executives get a high salary and it is not difficult to understand, BYD, as part of the business of electronic information, China's electronic information companies a lotAre listed in Europe and America, the income-replacement ratios of BYD executives into dollars is not that much. Increasing executive pay millions of dollars by 2011 China's auto market is not hot, but car companies executives income continues to grow in China, million annual salary list is growing. Joint venture executives earning more than millions of minority, but publicly, outside of knowing. In addition to the company andJiangling, Futian automobile, Geely automobile, Jinlong cars, Yutong Bus and Guangzhou Auto Group General Manager 2011 annual salary of more than $ million. Fukuda Motors General Manager Wang Jinyu 2010 annual salary to $ 1.985 million, in 2011 the company benefits decline, their pay is reduced to $ 1.8841 million. But Fukuda companies earning more than $ million last year on the Executive still hasTen; Geely auto CEO Gui Shengyue 2010 salary, rent allowances and retirement benefits scheme to contribute a total of $ 1.683 million, in addition he also received $ 6.785 million "in the payment of shares", totals of up to 8.468 million Yuan, the 2011 harvest more; Yutong Niu Bo 2010 annual salary is $ 1.3 million, General Manager, close to Chairman Tang YuxiangAnnual salary ($ 1.4 million), slight growth in 2011; pay more of the great wall, Chairman Wei Jianjun was hundreds of thousands of dollars from 2010 up to $ 1.75 million. No way, the great wall is one of the best car companies last year, has emboldened Ah! On paper, senior executives earning more than $ 1 million in private enterprise, the "big four" State-owned motor groupMany CEOs have less income. Faw car, SAIC motor, ChangAn Automobile (micro-blogging) and Dongfeng motor's annual report, General Manager Zhang Pijie, Hong Chen, Lu Feng and Zhang Baolin 2011 annual salary all in $ million. It is worth mentioning that, remuneration of SAIC Hu Maoyuan and Chen Hong last year's near 2011, close to millions of dollars. How is the nation's largest automotive groupHead, remuneration is too ugly, how to joint venture with Volkswagen, GM executives to exchange it? Large State-owned enterprises CEO salaries subject to policy limits, so not very high, more flexible and private enterprise salaries. It is for this reason, the last two years, from private car company executives in State-owned car companies switched to a considerable number, pay is one of the important reasons. And other linesCompared to the listed company is not high compared with other industries, domestic automakers to market executive pay is not too high. For example, real estate, vanke 2011 sales, profit, and earnings per share than SAIC motor group, but the Executive treatment is the difference between the two is obvious. Chen Hong, President of SAIC Hu Maoyuan, Chairman and annual salary of only $ 917,200, Chairman of China vanke was not$ 8.57 million in Wang one-Nineth. China vanke, executives of the annual salary of $ 3 million on a handful of and addition to BYD automobile industry executive, almost $ 3 million level was not found. Perhaps this pay difference only from differences and on the margins of the industry to find the answer, car is a mass production industry, supply can be unlimited, real estate subject to geographical restrictions, isFrom resource scarcity. China vanke a (000002) operating income at about $ 70.6 billion, but gross margins as high as 28.79%, SAIC 2011 year operating income of $ 450 billion tera gold, shareholders of belonging is 20.222 billion yuan in net profit, profit margins of less than 5%. It also shows that, in the fierce market competition, the carCan't afford a high salary. Let alone and compared to the salary of millions of financial industry executives. In fact, car industry executives have even been called "no profit at all," compared to the household appliance industry, pay is low. Fang Hongbo, President of us appliance 2011 pay as much as $ 4.88 million, Li dongsheng, Chairman of TCL pay $ 3.1259 million for 2011. EuropeUS car companies CEOs pay salaries of top European and American car companies to market executives generally in the tens of millions of dollars, in the international car companies at a high level. He pay for the highest domestic level, only for Mulally's one-forty fifth, while domestic automakers to market executives better 2011 pay only $ 1 million, equivalent to one-sixtieth of European and American car companies, listed Chinese car companies salariesRate of gap is evident in Europe and America. But from the share value 2009, Mr Wang had to $ 39 billion in company shares owned by a successful top richest man in China, although the 2011 BYD's shares fell sharply, still more than billion in the market value. Li shufu, Geely automobile, Wei Jianjun in great wall automobile shares owned by billions of dollars to billions of dollars, even if theMulally holdings valued at US $ 58.3 million before taxes, still pale. Due to the income level of the automotive industrial workers in China is much lower than Europe and Japan automotive industrial workers income, in this sense, income disparity of Chinese car industry even more. Salaries generally high in Europe and, in 2011, speed up the recovery of the global economy, most of the automotive marketRebound momentum vehicle business improves constantly, not less profits or even hit, Executive's income rises. Volkswagen CEO Martin-Martin Winterkorn (Martin Winterkorn) 2011 salaries of 17.5 million euros, in the Germany DAX index (Germany ' s DAX)CEO pay rankings leader, under the leadership of Martin Winterkorn, VW by 2011 a record performance. General Motors Chief Executive Officer James Exon (Dan Akerson) compensation must be approved by regulators in the Obama administration's special pay, akesson on January 10 this year, said he would not be 2011 cash bonuses. -PassTruck 2011 record profits and once again become the world's largest car manufacturer. James Exon from September 2010, Chief Executive of General Motors, its 2010 annual salaries of $ 2.53 million. In contrast, Japanese automakers has not announced for 2011 fiscal year data, has not yet learned that its executives annual salary, but Japanese car companies executives meet AsiansFeatures �C and the General staff's income gap is not as big as European and American automakers, 2011 is an unlucky year for Japanese cars a year, don't expect executives than millions 2010 (United States dollars) annual salary higher. Nissan is an exception because its account with the Renault Alliance, is filled with European culture, par executive compensation to European and US companies, Chief Executive, Carlos-Al GoreEx-fiscal year 2010 was 982 million yen (US $ 12.1 million) of total compensation, up from 891 million yen in the previous fiscal year, this does not include Reynolds received $ 1.8 million, so that Ghosn access to pay close to $ 15 million. 2011 Ghosn's salary will rise, because of Nissan's performance is very good. Related linksAnswer: pay Trade Union anger caused by 2010 United States auto industry revenue increased most executives, caused United States strong dissatisfaction from the United Auto workers President baobo��Jin. He openly with respect, pay nosebleed paid Ford's Mulally, Ford a considerable portion of the worker's wage is still about $ 15 per hour. Due to the GM during bankruptcy have received government aidHelp, its CEO's pay is determined by United States Treasury audit decisions. For its 2011 pay, United States Treasury Department has said that cash would remain frozen at 2010 levels. It is learnt that the 2011 Exxon will receive the highest salary in the General Motors executives �C US $ 9 million. According to the General plan, most managers bonuses will yearly salary this year 15%~20%. Chrysler 10,755 United States employees average dividend is estimated to be 10,000 dollars this year, a small number of staff bonuses will reach half of the annual salary. -Juan Carlos Ghosn "sky-high salary" in Japan have caused a public outcry, in Japan in the three big car companies, daily 2009 profit of us $ 460 million for the fiscal year tera power leveling, far less than Honda's 2.86 billionDollar, than Toyota, Ghosn naturally attracted a high salary for 2009 fiscal year, "amazing", with anger. Japanese have chanted: "Carlos Ghosn, go home! "Carlos Ghosn himself later responded that:" Japan enterprises, my salary is very high indeed, but at the international level, belongs to the normal level. "The 2011 financial year, Nissan's performance in the three big Japanese carUnique, may be partially assuage Japanese anger in our hearts. Treatment of auto industry executives are leading executives in other industries. Compared with emerging industries such as IT, auto executives to enjoy all kinds of subsidies for a lot less. In Germany, Siemens CEO Peter Loescher 2010 annual salary of EUR 9 million, an increase of 27%. 2009Year, Deutsche Bank CEO Josef Ackermann was 9.55 million euro pay. Others: