CEO Compensation at GE: A Decade with Jeff Immelt
Posted: 1 Mar 2012
Date Written: September 19, 2011
When ISS, a large shareholder advisory group, recommended a "no" vote on Jeff Immelt's award of 2 million stock options in April 2011, GE's compensation committee had to decide whether to rescind or amend the award or ignore the ISS recommendation. Was Immelt's 2010 pay in line with his performance? How would shareholders vote on the advisory "say on pay" ballot question at GE's annual meeting in April?
Learning Objective: Allow students to analyze and discuss the pay practices in use at General Electric.
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