---
title: Here's How Much Money GM's First Female CFO Could Make
description: GM announced that 39-year-old Dhivya Suryadevara will succeed Chuck Stevens as CFO in September. Here's how much she could make.
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published: '2018-07-07T13:55:23.000Z'
modified: '2018-07-07T13:55:23.000Z'
section: Business
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![Dhivya Suryadevara, GM vice president, Finance and Treasurer](https://img.money.com/2018/07/gm-dhivya-suryadevara.jpg)
*Dhivya Suryadevara.*

General Motors' first female chief financial officer could earn about $5 million during her first year on the job — roughly $2 million less than at least one male counterpart.

Dhivya Suryadevara, 39, is [set to succeed GM veteran Chuck Stevens](https://www.gm.com/events/5272232.html) as the automaker's CFO on Sept. 1. Documents filed by GM show that her base pay is set at $900,000, with the possibility to earn a bonus of roughly $1.13 million, or 125% of her base pay, [the Detroit *Free Press* reports](https://www.freep.com/story/money/cars/general-motors/2018/07/06/gm-cfo-dhivya-suryadevara-salary/752339002/?utm_source=dlvr.it&utm_medium=twitter). Suryadevara will also receive $743,750 in stock options and a potential $2.23 million in performance bonus grants, bringing her possible total earnings to around $5 million.

Ford Motor Co.'s CFO Bob Shanks, who has been in his role since 2012, earned $6.7 million in 2017 and $6.3 million in 2016, the *Free Press* reports.

Suryadevara, a Harvard Business School graduate originally from India, became the company's vice president of corporate finance last year, after [serving as the CEO of GM Asset Management](http://fortune.com/40-under-40/2015/dhivya-suryadevara-4/). She will report to GM Chairman and CEO Mary Barra in her new role. Barra, who earned a reported $21.96 million in total compensation last year, was the highest-paid Detroit auto executive in 2016, taking home $22.58 million that year, according to the *Free Press.*

With Suryadevara's promotion and Barra at the helm, GM will become one of only two Fortune 500 companies to employ both a female CEO and CFO, [CNBC reports](https://www.cnbc.com/2018/06/14/meet-general-motors-new-39-year-old-cfo-dhivya-suryadevara.html).

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