General Motors Co.
GM,
+1.15%
disclosed Friday that the total 2020 compensation for Chief Executive Mary Barra rose slightly from the year before, by enough to be double what rival Ford Motor Co.
F,
+2.49%
Chief Executive James Farley made last year. GM said in its 2020 proxy statement that Barra's total compensation was $23.66 million, up from $21.63 million in 2019. Although Barra's base salary slipped to $1.995 million from $2.100 million, the value of stock awards increased to $13.09 million from $12.14 million, the value of options awards inched up to $3.75 million from $3.53 million and nonequity incentive plan compensation rose to $3.78 million from $2.73 million. Meanwhile, Ford disclosed earlier April that CEO Farley's total 2020 compensation increased 41.1% to $11.80 million. GM's stock rose 13.8% in 2020, while Ford shares fell 5.5% and the S&P 500
SPX,
-0.72%
climbed 16.3%. So far in 2021, shares of GM have rallied 36.7%, Ford's stock has advanced 30.7% and the S&P 500 has tacked on 11.5%.