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Published by: Harvard Business Publishing
Originally published in: 2011
Version: 19 September 2011
Length: 24 pages
Data source: Published sources

Abstract

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?
Location:
Size:
300,000 employees
Other setting(s):
2011

About

Abstract

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?

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Location:
Size:
300,000 employees
Other setting(s):
2011

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