: GE CEO Larry Culp agrees to $10 million cut in compensation

by | Mar 16, 2023 | Stock Market

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…

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