Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Egyptian PM Mostafa Madbouli: Egypt is targeted in plans to redraw regional map
AEOI Chief Mohammad Eslami: Our presence in IAEA General Council and fact-checking helped in preventing unilateral rhetoric that aims to portray Iran as an unregulated country
AEOI Chief Mohammad Eslami: We witnessed new, stricter stances from European countries since signing new agreement with IAEA
Saree: Our UAV force targeted the so-called Ramon Airport in the Umm al-Rashrash area in southern occupied Palestine
YAF spokesperson Brigadier General Yahya Saree: Our rocket force carried out an operation with a Palestine 2 hypersonic ballistic missile targeting a sensitive target in the occupied Yafa area
Trump administration clears first Ukraine arms aid package paid for by allies: Reuters, citing sources
Saudi Crown Prince Mohammad bin Salman receives Secretary of Iran's Supreme National Security Council Ali Larijani at his office in Al-Yamamah Palace
Wakim: Surrender is not in our dictionary, and it is not true that "Israel" can implement its project in Lebanon and the region
Wakim: The US is preventing the armament of the Lebanese army. The question is, why are the weapons it is handed over by the Resistance being destroyed?
Wakim: The Resistance is required to hand over its weapons to the [current] authority. The question is: Is this authority independent or subservient to America?

Macron in heated debate over executive pay

  • By Al Mayadeen net
  • Source: Agencies
  • 15 Apr 2022 13:02
2 Min Read

The French President called the executive salary of the head of Stellantis carmaker Friday "shocking and excessive."

  • x
  • Macron in heated debate over executive pay
    French President Emmanuel Macron

On Friday, French President Emmanuel Macron jumped into a heated discussion about executive compensation, calling the $21-million salary of Stellantis' CEO "shocking and excessive."

Macron, who is running against far-right leader Marine Le Pen for president on April 24, told Franceinfo radio that he supports an EU-wide salary cap for top CEOs.

"We need to fight at a European level so that remuneration can't be excessive," Macron said, adding that if ceilings are not set in Europe, "society will explode at any given moment."

The President elaborated that "people can't be facing purchasing power problems... and then see these sorts of sums." 

Related News

Macron struggles to pick successor; Bayrou submits resignation

Le Pen leads 2027 Presidential poll as French government resigns

The 19-million-euro compensation package for Stellantis CEO Carlos Tavares for last year, when French company PSA combined with Italian-US competitor Fiat Chrysler to establish Stellantis, the world's fourth-largest automaker, is presently under scrutiny.

Tavares will get 7.5 million euros in performance-based compensation, 2.4 million euros in retirement contributions, and a 1.7 million-euro incentive dependent on the merger's success, in addition to his regular income of two million euros.

According to Stellantis, Tavares will also receive 5.6 million euros worth of company shares.

Macron called the amounts "astronomic", adding, "We need to do what we've done with minimum tax rates and the fight against tax evasion. We need to convince our European partners to bring about a reform that will provide a framework for executive pay."

Le Pen, who will face Macron in the second and final round of the presidential election on April 24, has been brought into the argument as well.

"It's shocking but less shocking than for others," she said, adding, "For once he obtained good result."

  • French elections
  • Emmanuel Macron
  • Marine Le Pen
  • France

Most Read

Pro-"Israel" conservative Charlie Kirk shot during Utah speech

American far-right activist Charlie Kirk shot dead during Utah speech

  • US & Canada
  • 11 Sep 2025
Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
A screengrab from the ad played on Fox News. (X Screengrab)

Fox airs ad warning Trump not to let Netanyahu 'play' him on Gaza

  • US & Canada
  • 11 Sep 2025
Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

  • Palestine
  • 14 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
'Israel’s' Qatar strike backfires, fueling diplomatic fallout
Politics

'Israel’s' Qatar strike backfires, fueling diplomatic fallout

'Israel' committing genocide in Gaza, UN Commission declares
Politics

'Israel' committing genocide in Gaza, UN Commission declares

Rubio supports Gaza offensive, warns few days left for diplomacy
Palestine

Rubio supports Gaza occupation, warns of tight window for deal

US adds Colombia to drug list, drawing Petro’s rebuke
Politics

US adds Colombia to drug list, drawing Petro’s rebuke

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS