TITLE

Dim Bulb

AUTHOR(S)
Fisher, Daniel
PUB. DATE
May 2009
SOURCE
Forbes Asia;5/11/2009, Vol. 5 Issue 8, p62
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the performance of Jeff Immelt, after taking over as the chief executive officer (CEO) of General Electric Co. in 2006. Immelt's predecessor, Jack Welch had driven the company's stock prices 60 folds in 20 years, but since Immelt's assumption of office, it has seen a negative 12% annual return. With his average annual pay of $14.4 million over the last six years, the journal has put him very low in its performance-versus-pay scorecard.
ACCESSION #
41227149

 

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