The chief executive at General Motors, Rick Wagoner, receives $2.2 million a year in salary.
"If you're in Rick Wagoner's shoes, it's hard to know which way to turn to solve the underlying problem."
Rick Wagoner had served as the company's Chief Financial Officer during this period in the early 1990s.
The losses also raised questions about the strategy of the company's chairman and chief executive, Rick Wagoner.
Rick Wagoner, G.M.'s chief executive, declined to comment on the reports.
"Mark my word, read my lips: Rick Wagoner will preside over the turnaround."
The chief executive, Rick Wagoner, left, was granted options to buy 400,000 shares of the company's common stock, according to the filing.
"You could ask Rick Wagoner the same thing."
Rick Wagoner, the chairman of General Motors, has not been reticent, however.
During the meeting, a largely civil affair, the chief executive, Rick Wagoner, rebuffed criticism that the company's turnaround plan was not moving fast enough.