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Wendelin Wiedeking Makes More Money Than You
December 3, 2007
As if being the CEO of one of the best car companies in the world wasn’t good enough by itself, it turns out the gig doesn’t pay so bad either.
Porsche CEO Wendelin Wiedeking’s salary is an estimated $89 million to $103 million. Wiedenking justified his salary based on Porsche’s increased profits over the past year. In a quote to FT.com Wiedeking said:
I think when the company does well then those who have contributed should share in that.
I guess you can’t argue with that. Oh, and I bet his company car is pretty nice too.
[source: Motor Authority]
Posted in Company News
