His total annual payout included a $ 1.8 million base salary and $ 12.7 million in stock awards, along with about $ 3.2 million in other compensation, according to public filings posted Friday.
Hackett said in a recent call with investors that 2018 was a "challenging year" that was "full of headwinds." But it was also a turning point
Ford praised Hackett's leadership in the filing, saying he is "equipped to lead the company's commitment to becoming the world's most trusted company, designing smart vehicles for a smart world that help people move more safely, confidently, and freely."
Hackett became CEO of Ford in May 2017 amid mounting financial pressures. Ford's stock is up to 10% so far in 2018, though it's still down more than 40% compared to five years ago.
Ford Executive Chairman Bill Ford, the great-grandson of company founder Henry Ford, has also pushed for
Bill Ford was the second-highest compensated executive at Ford last year with a total payout of $ 13.8 million.