GE CEO Jeffrey Immelt Sees Compensation Rise 14%GE CEO Jeffrey Immelt Sees Compensation Rise 14%
Chris Newmarker
May 20, 2016
1 Min Read
Total Compensation: $23,376,805
Total Salary: $3,800,000
Previous Fiscal Year Compensation: $20,530,474
Percent Difference: +14%
It would make sense that Immelt would make the list, since GE is a huge conglomerate where medical device manufacturing is only a portion of the business. Immelt saw his stock awards double to $6.2 million, and his non-equity incentive plan compensation more than tripled to $7.6 million. The increased incentives more than made up for the drop in the value of Immelt's pension plan and other nonqualified deferred compensation earnings, down about two-thirds in value to $6.3 million.
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Image courtesy of GE
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