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Supplier CEOs top payday list.

Publication: Automotive News
Publication Date: 28-MAY-07 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Supplier CEOs top payday list.(automotive parts suppliers)

Article Excerpt
Byline: Leslie J. Allen

If you're an aspiring young auto executive who wants to make a really big pile of money, you should work for a supplier.

Last year, eight automotive CEOs got more than $10 million in take-home pay - twice as many as in 2005, according to Automotive News' annual executive compensation survey.

Six of the Elite Eight worked for suppliers, including last year's top-earning CEO, John Barth of Johnson Controls Inc. The only nonsuppliers in the top eight were Ford Motor Co. CEO Alan Mulally and UnitedAuto Group CEO Roger Penske.

But the biggest automotive moneymaker of all isn't even a CEO. Frank Stronach, the maverick chairman of Magna International Inc., earned $27.7 million in consulting fees and other perks. Since he's not a CEO - not officially, anyway - Stronach is...

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