Ford CEO Mulally made $29.5 million in 2011 (AP) — Ford Motor Co. Chief Executive Alan Mulally's compensation rose 11 percent to $29.5 million in 2011, with a salary increase offsetting a drop in his performance-based bonus. Mulally's pay has been the subject of some ire among Ford's factory workers, and United Auto Workers President Bob King has called his compensation level "morally wrong."