3 ms·
Here are the details of his compensation agreement: https://www.cnbc.com/2018/10/05/new-ge-ceo-larry-culp-inks-stock-heavy-contract-worth-up-to-300-million-if-
by uptown 7y ago
Here are the details of his compensation agreement:
https://www.cnbc.com/2018/10/05/new-ge-ceo-larry-culp-inks-stock-heavy-contract-worth-up-to-300-million-if-shares-soar.html https://www.cnbc.com/2018/10/05/new-ge-ceo-larry-culp-inks-s...
It's very much in his interest to stabilize the stock price.
- m0zg 7y agoIt's even more of a signal then. If these insinuations were true, there'd be no point whatsoever to spend $5M to buy shares of the company which he knows is insolvent. It's not like if this is true his share purchase would buoy all of GE.