DETROIT (AP) — Seven senior executives at General Motors Co. will get stock valued at roughly $7.5 million as part of their pay packages, the company disclosed in regulatory filings Monday.
The executives, including North American President Mark Reuss, Vice Chairman for Product Development Tom Stephens and President of GM Europe Nick Reilly, must wait at least a year to cash in the shares. Some shares require a three-year wait.
The disclosures, filed with the U.S. Securities and Exchange Commission, do not list salary or other compensation for the executives. The company said salaries will be disclosed in later filings.