1. GE Shareholders Reject CEO Culp's $230 Million Pay in Rare Rebuke

    GE Shareholders Reject CEO Culp's $230 Million Pay in Rare Rebuke

    NEW YORK/CHICAGO (Reuters) -General Electric Co shareholders rejected top executives' compensation packages, including a payout of as much as $230 million to CEO Larry Culp, at the industrial conglomerate's annual shareholder meeting on Tuesday. While the shareholder vote was non-binding, the move was a rare rebuke of a major corporation's handling of its executive pay. It comes after GE laid off 20,000 workers last year...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content
  2. Quotes

    1. We need GE to invest in America, not just one top executive.
  3. Topics Mentioned