Despite last year's disastrous economy, CEOs of publicly traded automotive companies got big pay raises in 2009.
Most industry CEOs took the painful cuts in 2008 and were on the mend in 2009.
And executive pay at suppliers and public retailers is bouncing back faster than auto sales, especially when it comes to bonuses.
The average CEO's base salary did not change much from 2008, hovering around the $1 million mark. But total CEO compensation increased by nearly $1 million, averaging $3.9 million.
Equilar Inc., of San Mateo, Calif., conducted a survey for Automotive News of the compensation data of CEOs of publicly traded U.S. companies.