CLOSE

Jim Hackett outlines his method of leading Ford Motor Co. in an interview with the Detroit Free Press. Ryan Garza, Detroit Free Press

DETROIT – Ford CEO Jim Hackett received total compensation of $17.8 million in 2018, up from $16.7 million in 2017, .

The Dearborn, Michigan-based carmaker reported Hackett’s pay was 276 times more than the median compensation for all U.S.-based Ford employees.

Ford included salary and pay ratio data for its full workforce in its annual executive compensation report Friday to the U.S. Securities and Exchange Commission, a disclosure now required of companies by the 2010 Dodd-Frank Act.

Ford Motor Company CEO Jim Hackett poses for a photo in the Henry Ford II World Center in