Auto headlines: American Axle execs get pay cut - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 1 Old 02-20-2009, 02:40 AM Thread Starter
 
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Auto headlines: American Axle execs get pay cut

Top executives for American Axle & Manufacturing, a Detroit-based auto parts supplier, will take a 10% pay cut as part of the company's restructuring plan. The move takes the base salary of American Axle CEO Dick Dauch down to $1.48 million, and includes an additional 16 officers. American Axle officers also waived annual bonuses for 2008 and 2009.

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