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Immelt at the U.S. Climate Action Partnership in January 2007. Immelt joined General Electric in 1982, working in GE's plastics, appliances, and healthcare businesses. He became a GE corporate officer in 1989, joined the GE Capital board in 1997 [14] and took the reins of the corporate leadership of GE Healthcare [citation needed] before assuming his position as CEO in 2001.
Culp is also a senior advisor at Bain Capital Private Equity and a non-executive director of T. Rowe Price. [ 5 ] Culp's pay package of up to $21 million a year for four years as chairman and CEO of General Electric has attracted attention, especially the element tied to any stock price increase, with about $47 million for a 50% rise and ...
Nunn remains on Coca Cola and GE's boards. He left Chevron in 2011 and joined the board of Hess later that year. He has also served on the board of Dell since 1999. These companies paid Nunn a combined $4.8 million between 2008 and 2012. Nunn has also served on the board of Internet Security Systems and is a senior advisor at RRE Ventures.
McNerney competed with Robert Nardelli and Jeff Immelt to succeed the retiring Jack Welch as chairman and CEO of General Electric. When Immelt won the three-way race, McNerney and Nardelli left GE (as was Welch's plan); McNerney was hired by 3M in 2001. The From 2001 to 2005, McNerney held the position as chairman of the board and CEO of 3M ...
The average annual compensation for non-executive directors at S&P 500 companies rose 2 percent to $304,856 last year, topping $300,000 for the first time and 43 percent higher than it was 10 ...
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
Michael G. Morris (born 1947 in Fremont, Ohio) is a former president, chief executive officer, and chairman of Columbus, Ohio-based American Electric Power, one of the USA's largest generators of electricity, from 2004 to November 2011, [1] [2] and continued as AEP's chairman until 2013.
He joined General Electric in 1971 [3] as an entry-level manufacturing engineer. From 1988 to 1991, Nardelli was an executive for a division of the construction equipment maker, J. I. Case Company , which was then part of Tenneco .