General Electric CEO Larry Culp has agreed to a cut in his compensation in response to shareholder feedback, according to a regulatory filing on Thursday. Read More...
General Electric Co. Chief Executive Larry Culp has agreed to a cut in his compensation in response to shareholder feedback, according to a regulatory filing on Thursday.
“In response to prior shareholder feedback, the committee and Mr. Culp agreed to reduce his annual equity incentive grant for 2022 from a grant date fair value of $15 million to $5 million,” the filing said.
Culp’s…
