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The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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    The Wall Street Journal‏Verified account @WSJ 12 Jun 2017

    GE’s next CEO to get $5 million in target pay but no special stock awardhttp://on.wsj.com/2rcjaFe 

    5:20 PM - 12 Jun 2017
    • 34 Retweets
    • 41 Likes
    • Terri perkins John Dimatteo PeterG Lucio Batera Bilyana Petrova eve harris Ntihin Satheesh Dr. Awais Mumtaz Kh Dev Karlekar
    2 replies 34 retweets 41 likes
      1. PeterG‏ @SambasFather 12 Jun 2017
        Replying to @WSJ

        @JeffImmelt should have been fired years ago. These guys are paid to make money in 5 years time. There is a place no line of candidates!

        0 replies 0 retweets 0 likes
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      2. baffled‏ @farrellbruce2 12 Jun 2017
        Replying to @WSJ

        $5 million (MILLION) $ FIVE MILLION $5,000,000.00 Per year Every year Per annum Every annum Absurdly ludicrous

        1 reply 0 retweets 0 likes
      3. Agustin de Hiponia‏ @agustin_hiponia 12 Jun 2017
        Replying to @farrellbruce2 @WSJ

        $2M in pay, $3M in targeted bonus pay. Lot of money, but if the bonus incentive is tried fairly to company performance, not too bad...

        1 reply 0 retweets 0 likes
      4. baffled‏ @farrellbruce2 12 Jun 2017
        Replying to @agustin_hiponia @WSJ

        Meanwhile the avg family income around $60k The disparity in compensation has no basis in reality

        1 reply 0 retweets 0 likes
      5. Agustin de Hiponia‏ @agustin_hiponia 12 Jun 2017
        Replying to @farrellbruce2 @WSJ

        I agree with you, however at least more than half of that is based on company performance. That is IF the bonus targets are fair

        1 reply 0 retweets 0 likes
      6. baffled‏ @farrellbruce2 12 Jun 2017
        Replying to @agustin_hiponia @WSJ

        Just my take but 10x the national avg seems about right $600k total if performance is good

        1 reply 0 retweets 0 likes
      7. Agustin de Hiponia‏ @agustin_hiponia 12 Jun 2017
        Replying to @farrellbruce2 @WSJ

        But this only works if ALL companies agree to offer less exec pay. If only some decide to do this, they can't keep competitive CEOs

        1 reply 0 retweets 0 likes
      8. baffled‏ @farrellbruce2 12 Jun 2017
        Replying to @agustin_hiponia @WSJ

        Or so the CEO'S would have you believe - it's in their interest Always challenge the common wisdom

        1 reply 0 retweets 0 likes
      9. Agustin de Hiponia‏ @agustin_hiponia 12 Jun 2017
        Replying to @farrellbruce2 @WSJ

        You know $5M at GE doesn't really employ that many people right ?

        0 replies 0 retweets 0 likes
      10. End of conversation

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