June 6, 2019—Fiat Chrysler Automobiles’ U.S. sales chief, Reid Bigland, sued the Italian-American automaker claiming the company opted to withhold 90 percent of his 2018 compensation. Bigland claims much of his compensation was withheld because he has cooperated with a probe by the U.S. Securities and Exchange Commission.
The SEC has been investigating the FCA's sales reporting practices before the company changed them in July 2016, the automaker has said.
Fiat Chrysler said in a statement Bigland’s incentive pay was subject to a board committee determination and his “eligibility for his award remains subject to that determination and completion of a Board-level evaluation of issues that are the subject to governmental investigations.”
