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Correction: Culp was paid $15,312,165 in 2018, he didn’t “earn” anything. He’s just another hog at the GE trough who negotiated himself a better deal. His Danaher reputation can only carry him so far. Until he actually makes some real changes at the top, not just window dressing, he’s just another corporate mouth piece covering for an incompetent and grossly overpaid C-suite and BOD.
What are you people talking about? We have CEO’s that have done nothing except rob companies blind! You argue about fair market wages for someone making 15 million a year while they freeze pensions they cannot pay because they were too busy with stock buy backs to artificially prop up the share price which is stock market fraud isn’t it? If it’s not why not? SEC where are you ? Huh? They give you permissive (permission) vacation because they don’t have to pay it out when they get ready to lay off a massive amount of people.... your health insurance is substandard while they tout health care.... they preach global green while they have so many lawsuits for selling employees asbestos for their homes.... good God man! When are Americans going to stand up? This is surreal !!! Other countries would have already rounded them up and thrown them in prison toss the keys in the ocean! Good Gosh unbelievable the comments of stupidity I see.... by the way if you think 20k is all that’s coming.... think again ..... next is rolling over to a 401k so that anytime the market crashes you all lose your a$$es!
Earns less than immelt and doing a better job than immelt.
Is this amount the industry standard for CEO's? If not, it needs to be knocked down a bit to a market based wage.
https://www.google.com/url?sa=t&source=web&rct=j&url=https://dealbreaker.com/.amp/2019/10/ge-ceo-freezes-pensions-not-his-own-salary&ved=2ahUKEwjLhtCKlY3lAhXtqlkKHSkMB3AQiJQBMAN6BAgHEAc&usg=AOvVaw3aj8NaHLmfNaJH5jVn39W6&cf=1
Nothing to discuss.