General Electric CEO agrees to big pay cut after shareholder ‘no’ vote

March 18, 2022 9:52 AM

NEW YORK (BLOOMBERG) – General Electric Co. slashed chief executive officer Larry Culp’s controversial compensation package by US$10 million a year, a surprise move by the industrial titan in response to last year’s rebuke by shareholders.

Source : https://www.straitstimes.com/business/companies-markets/general-electric-ceo-agrees-to-big-pay-cut-after-shareholder-no-vote