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Toyota Boosts Executives’ Bonuses on Record Earnings:
Toyota’s 32 top executives received just over $12 million in salaries in the 12 months ended March. Lets see Toyota made something like $13,000,000,000 in profits. With the top 32 executives getting about $20,000,000 that is .15% of earnings. Even if there are some other benefits not included in the total that .15% figure for the top 32 executives doesn’t really compare to ludicrous pay of many CEOs in the USA. They are in a different paradigm than the others. I think their paradigm is much more effective (and the pay is the symptom of that system). I’ll take the executives of Toyota over the overpaid executives any time.
Related: More on Obscene CEO Pay - Excessive Executive Pay - addition to the seven deadly diseases - 12 Stocks for 10 Years Update - Jun 2007 (Toyota up 69%)
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February 24th, 2008 at 2:35 pm
“Next year, [Toyota] expects to sell more than 10.4 million cars worldwide, double what it sold in 2000…”