Trouble is, Barra is not even getting 77%, but less than half, 48%, of the pay of GM’s outgoing male CEO who had no prior experience running a car company.
Check it out:
“You know, today, women make up about half our workforce, but they still make 77 cents for every dollar a man earns. That is wrong, and in 2014, it’s an embarrassment. Women deserve equal pay for equal work.” — President Barack Obama, State of the Union, January 2014
“Our success should depend not on accident of birth, but the strength of our work ethic and the scope of our dreams. It’s how the daughter of a factory worker is CEO of America’s largest automaker.” — President Barack Obama, State of the Union, January 2014
In his State of the Union address last week, President Barack Obama applauded the success story of Mary Barra, 52, the new chief executive of General Motors (GM) who sat with First Lady Michelle Obama. Barra became the first female CEO of the global automaker after a 33-year career at GM.