DETROIT - American Axle & Manufacturing Holdings Inc. last year raised the pay of CEO Richard E. Dauch to $6.1 million, more than twice his 2000 pay, as the company's shares more than doubled in price.
Dauch got a $2.8 million bonus last year, up from $1.9 million in 2000, along with $2.4 million in a special grant, Bloomberg News reported, citing the company's proxy filing with the U.S. Securities and Exchange Com-mis-sion. He also got $920,833 in salary, up from his 2000 pay of $833,333, the filing said. Dauch made about $2.7 million in 2000.
Dauch and other investors created the company in 1994.