Ford CEO's Compensation Rises to $190 Million Despite Falling Short on Profit Targets

[Corporate Governance] Ford CEO Jim Farley’s total compensation for 2025 reached $27.52 million (approximately RMB 190 million), marking a new high since he assumed the role.

Key Development: Bonus Surge Triggered by Exceeding Quality and Service Targets

Despite Ford recording a record number of vehicle recalls in 2025 and achieving only 64% of its profit target, the company exceeded its goals by 200% in three metrics: initial vehicle quality, total service revenue, and global EV sales (excluding China). This drove a 255% increase in non-equity incentive bonuses.

Industry Impact: Executive Pay Decoupled from Performance Sparks Controversy

Farley’s compensation is 295 times the median employee salary ($93,397), significantly higher than the previous year’s ratio of 253 times. Critics argue that such substantial pay amid unmet performance targets is an "insult" to shareholders and taxpayers.