Ford CEO Paid $2.5 Million ‘Strategic Incentive’ Grant for 2016 – Wall Street Journal (subscription)

Ford Motor Co.’s board is looking to steer the boss’s attention beyond the company’s cash cows, handing the executive a $2.5 million “strategic incentive” grant for hastening the 114-year-old auto giant’s transformation.

The equity grant, vesting in 2018, lifted Chief Executive Mark Fields’s awarded compensation to $18.9 million last year, up $1.5 million from 2015. The boost came in a period when Ford posted a modest profit decline…