GE shareholders rebuke company over huge pay package for CEO

Home > Business
By Ulises in Business
Updated 3 years ago

General Electric shareholders issued a rare rebuke over the company's compensation program for top executives last year, including a one-time payout for chief executive Larry Culp in particular. Nearly 58 percent of shares were voted against the 2020 executive compensation program, while 42 percent were voted in favor, according to...

ge-shareholders-rebuke-company-over-huge-pay-package-for-ceo