Executive Compensation

2014 Summary Compensation Table

Name and Principal

Position (1)(2)

Option
Awards
($)

Non-Equity
Incentive
Plan
Compensation
(5)($)

All Other
Compensation
(7)($)

Year

Salary
($)

Mary T. Barra

2014

1,567,803

11,760,567

2,072,000

349,926

412,532

16,162,828

Chief Executive Officer

2013

750,000

4,446,504

36,636

5,233,140

2012

750,000

3,906,484

258,558

28,445

4,943,487

2014

691,667

3,177,354

647,500

265,201

113,110

4,894,832

Daniel Ammann(8)

2014

990,530

6,310,564

925,000

263,252

8,489,346

President and Former

Executive Vice President &
Chief Financial Officer

2013

750,000

4,481,562

28,475

5,260,037

2012

750,000

4,007,056

31,810

4,788,866

Mark L. Reuss

2014

846,212

7,458,881

786,300

275,588

110,796

9,477,777

2014

692,235

4,127,946

647,500

179,184

118,666

5,765,531

Karl-Thomas Neumann(3)

2014

822,133

3,701,727

640,583

83,216

21,767

5,269,426

Executive Vice President &

President, Europe

2013

684,029

3,698,075

75,754

1,350,472

5,808,330

2,099,253

Charles K. Stevens, III

Bonus
($)

Stock
Awards
(4)($)

Change in
Pension Value
and NQ
Deferred
Compensation
Earnings
(6)($)

Total
($)

Executive Vice President &

Chief Financial Officer

Executive Vice President,

Global Product
Development Purchasing &
Supply Chain

Michael P. Millikin
Executive Vice President &
General Counsel

Chairman of the
Management Board of
Opel Group GmbH
Daniel F. Akerson(8)

2014

850,000

1,100,800

148,453

Former Chairman & Chief

Executive Officer

2013

1,700,000

7,302,206

66,270

9,068,476

2012

1,700,000

9,332,659

70,149

11,102,808

(1)

(2)
(3)
(4)

Titles in the table reflect the NEO's positions as of December 31, 2014. On January 15, 2014, Mr. Akerson stepped down from
his position as Chairman & CEO and then served as a Senior Advisor until he left the Company in July 2014. Ms. Barra was
named CEO, replacing Mr. Akerson. At the same time, Mr. Ammann was appointed President and Mr. Stevens replaced Mr.
Ammann as Executive Vice President & Chief Financial Officer.
Messrs. Stevens, Reuss, and Millikin were not NEOs in 2012 or 2013, and Dr. Neumann was not a NEO in 2012.
Dr. Neumanns salary, which is paid in Euros, has been converted to U.S. dollars, applying an average foreign exchange rate for
the period from January 1, 2014 to December 31, 2014 during which compensation was earned 1 = $1.3291.
Stock awards display the grant date fair market value and include TARP RSUs, RSUs, and PSUs at target. The maximum award
for PSUs for the 2014 - 2016 performance period is 200% of grant, the value at the time of grant was $36.12 per share. The table
below shows the maximum PSU grant and value based on the grant date value of $36.12 per share. Mr. Akerson did not receive
any equity awards in 2014.
Maximum
PSU Grant (#)

Name
Mary T. Barra

415,284

15,000,058

Charles K. Stevens, III

100,706

3,637,501

Daniel Ammann

188,954

6,825,018

Mark L. Reuss

161,442

5,831,285

88,248

3,187,518

112,128

4,050,063

Michael P. Millikin
Karl-Thomas Neumann
(5)
(6)

Maximum PSU
Grant Value ($)

Each NEO was eligible for a payment under the STIP for 2014 performance. Based on Company performance each NEO received
74% of target. Mr. Akerson received a pro-rata STIP award for 2014. The payment for Dr. Neumann was made in Euros and
converted using the exchange rate on the date of payment (February 27, 2015) which was 1 = $1.1195.
These amounts represent the actuarial change in the present value of the executive's accrued benefit for 2014 attributed to yearover-year variances in applicable discount rates, lump sum interest rate, mortality rates, and employer contributions to tax-qualified

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