New York — Ford Motor COO Jim Farley spent the equivalent of almost his entire 2019 salary to purchase $1m of stock in a show of confidence in the vehicle manufacturer’s recovery prospects.
Farley, 57, earned $1.1m in salary as part of a compensation package that totalled $8.36m last year when he was president of Ford’s new business, technology and strategy. He was promoted to COO on March 1 in a management shake-up. ..
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