TITLE

GE relationship partner calls on Jack Welch in W&S pay row

AUTHOR(S)
Westacott, Gemma
PUB. DATE
December 2005
SOURCE
Lawyer;12/12/2005, Vol. 19 Issue 48, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that a senior partner of Winston & Strawn, a company in the U.S., is expected to call both the company's managing partner and Jack Welch, the former chairman of General Electric Co., to testify in a multimillion-dollar lawsuit against the company. Anthony LoFrisco is a partner in the New York-based office of Winston. He is suing the company for millions of dollars in compensation. He says that the company breached a remuneration agreement that would have allowed him to avoid decompression. Decompression is the process by which most partners' compensation is reduced every year after reaching the age of 65 years. LoFrisco is also arguing that Winston's managing partner James Neis was instrumental in creating the remuneration agreement.
ACCESSION #
19737694

 

Related Articles

  • Winston boss set to appeal judge's ruling in wage row. Westacott, Gemma // Lawyer;1/16/2006, Vol. 20 Issue 2, p7 

    The article provides information about Anthony LoFrisco who is a partner in the New York office of law firm Winston & Strawn. His attempts to sue the firm for millions of dollars in compensation has come to a nought. Recent judgments have placed discretion on the firm's executive committee to...

  • An unexpected ouster. Goldberg, Stephanie B. // ABA Journal;Jul94, Vol. 80 Issue 7, p28 

    Reports on Winston & Strawn's accusation of expense account irregularities against managing partner Gary Fairchild. Fairchild's withdrawal from his legal profession; Fairchild as a proponent of total quality management and charitable works; Fairchild's cooperation for the honorable settlement of...

  • PAYING FOR EXCESS. Stevens, Michael L. // Financial Executive;Jun2010, Vol. 26 Issue 5, p40 

    The article discusses executive compensation which has been a major issue in the time of financial crisis, government bailouts and controversy over huge corporate salaries and bonuses in the U.S., as of June 1, 2010. It cites Jack Welch, retired chief executive officer (CEO) of General Electric...

  • Welch addresses airport hangar, other issues. Philippidis, Alex // Westchester County Business Journal;06/07/99, Vol. 38 Issue 23, p15 

    Reports on General Electric Co. Chairman John F. Welch Jr.'s discussion of his company's plan to build an airport hangar at the Westchester County Airport during his appearance at the Westchester County Association Inc.'s 1999 spring dinner. Welch's meeting with local government officials;...

  • The company that Jack built. Kennedy, Carol // Director;Sep95, Vol. 49 Issue 2, p42 

    Explores how General Electric's (GE) growth and productivity are driven worldwide by the same principles worked out by GE chief Jack Welch. Welch's saturation of every management in GE's 12 main business sectors; Stretch goals; Search for ways to tap the motivation and intellectual energy of...

  • Leadership academy created for principals.  // Hudson Valley Business Journal;1/27/2003-2/3/2003, Vol. 14 Issue 2, p25 

    Reports that retired chief executive Jack Welch of General Electric Co. will head an advisory board for the Leadership Academy in New York. Aim of the academy to improving the quality of city's school principals; Creation of programs to train principals about best practices.

  • Electric general. Pickard, Jane // People Management;11/22/2001, Vol. 7 Issue 23, p44 

    Profiles John Francis Welch Jr. from General Electric (GE). Description of his performance as chairman and chief executive of GE; Information on his autobiography 'Jack: What I've Learned Leading a Great Company and Great People'; Basis of judgment for GE managers.

  • RETIRED JACK WELCH LIVING LARGE ON GENERAL ELECTRIC'S TAB. Rombel, Adam // Global Finance;Oct2002, Vol. 16 Issue 10, p6 

    Reports on the expenses that General Electric Co. covers for the retirement of its head Jack Welch. Use of an apartment in Manhattan; Prime tickets to basketball and baseball games; Security detail and limousines.

  • GE: Just your average everyday $60 billion family grocery store. Day Jr., Charles R.; LaBarre, Polly // Industry Week/IW;5/2/94, Vol. 243 Issue 9, p13 

    Interviews General Electric Co.'s chief executive officer Jack Welch. Vision for the company; Views on leadership and teambuilding; Management model adapted in the company; Definition of boundaryless; History of the company; Implementation of participative management in the firm; Plans for the...

Share

Read the Article

Courtesy of NEW JERSEY STATE LIBRARY

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics