|
REPORT ABUSIVE REPLY
|
|
Message Subject
|
GE Exec being paid $89,000 a month until 2022 to NOT work.
|
|
Poster Handle
|
Anonymous Coward |
|
Post Content
|
The total value of this "retirement package" is just under $30 Million.
To put it in another perspective
Jack Welch recieved $400 million when he retired from GE.
I'm all for the open market, I just find it fascinating and nearly incomprehensible that this makes perfect financial sense for ANY company.
Quoting: Truthache It makes perfect sense. GE is not just your corner grocery store and running it is no joke. Its where it is today because of the executives like him. They deserve the money. Its their brainpower at work here. Nothing wrong with paying them good money....
|
|
|
Please verify you're human:
|
|
|
Reason for reporting:
|
