General Electric Company

XTRA:GCP Stock Report

Market Cap: €192.3b

General Electric Management

Management criteria checks 1/4

General Electric's CEO is Larry Culp, appointed in Oct 2018, has a tenure of 6.5 years. total yearly compensation is $14.70M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €214.69M. The average tenure of the management team and the board of directors is 0.9 years and 4.1 years respectively.

Key information

Larry Culp

Chief executive officer

US$14.7m

Total compensation

CEO salary percentage17.0%
CEO tenure6yrs
CEO ownership0.1%
Management average tenureless than a year
Board average tenure4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Larry Culp's remuneration changed compared to General Electric's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$4b

Mar 31 2024n/an/a

US$4b

Dec 31 2023US$15mUS$3m

US$9b

Sep 30 2023n/an/a

US$10b

Jun 30 2023n/an/a

US$9b

Mar 31 2023n/an/a

US$7b

Dec 31 2022US$8mUS$3m

-US$1b

Sep 30 2022n/an/a

-US$6b

Jun 30 2022n/an/a

-US$5b

Mar 31 2022n/an/a

-US$5b

Dec 31 2021US$23mUS$3m

-US$5b

Sep 30 2021n/an/a

US$2b

Jun 30 2021n/an/a

US$516m

Mar 31 2021n/an/a

-US$178m

Dec 31 2020US$73mUS$653k

US$6b

Sep 30 2020n/an/a

US$4b

Jun 30 2020n/an/a

US$4b

Mar 31 2020n/an/a

US$5b

Dec 31 2019US$25mUS$3m

-US$1b

Sep 30 2019n/an/a

-US$354m

Jun 30 2019n/an/a

-US$22b

Mar 31 2019n/an/a

-US$21b

Dec 31 2018US$17mUS$625k

-US$21b

Compensation vs Market: Larry's total compensation ($USD14.70M) is above average for companies of similar size in the German market ($USD5.04M).

Compensation vs Earnings: Larry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Larry Culp (61 yo)

6yrs

Tenure

US$14,698,285

Compensation

Mr. H. Lawrence Culp, Jr. also known as Larry, is Chairman of GE HealthCare Technologies Inc. from January 3, 2023. He serves as Non-Executive Chairman of Ge Healthcare since January 2023. He serves as Chi...

Leadership Team

NamePositionTenureCompensationOwnership
H. Culp
Chairman & CEO6yrsUS$14.70m0.11%
€ 214.7m
Rahul Ghai
Senior VP & CFO1.1yrsUS$4.91m0.0041%
€ 7.8m
Russell Stokes
President and CEO of Commercial Engines and Servicesless than a yearUS$8.26m0.014%
€ 27.4m
Robert Giglietti
Chief Accounting Officerless than a yearno data0.0010%
€ 2.0m
David Burns
Chief Information Officer1.6yrsno datano data
John Phillips
Senior VPless than a yearno datano data
James Katzman
Senior Vice President of Corporate Developmentless than a yearno datano data
Christian Meisner
Chief Human Resources Officerno datano datano data
Christoph Pereira
Chief Executive Officer of Aerospace Carbon Solutions (ACS) & Sustainabilityless than a yearno datano data
Ramesh Singaram
President & CEO of GE Gas Power’s APACno datano datano data
Peter Stracar
President & CEO of European Region6.8yrsno datano data
Ketan Samani
Chief Digital Officer4.8yrsno datano data

0.9yrs

Average Tenure

53yo

Average Age

Experienced Management: GCP's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
H. Culp
Chairman & CEO6.5yrsUS$14.70m0.11%
€ 214.7m
Thomas Horton
Lead Independent Director6.5yrsUS$344.97k0.00064%
€ 1.2m
Stephen Angel
Independent Director2.6yrsUS$307.42k0.0010%
€ 2.0m
Sebastien Marie Bazin
Independent Director8.8yrsUS$317.66kno data
Catherine Lesjak
Independent Director5.6yrsUS$324.75kno data
Edward Garden
Independent Director7yrsUS$304.45kno data
Isabella Goren
Independent Director2.6yrsUS$319.60kno data
Thomas Enders
Independent Directorless than a yearUS$23.63kno data
Margaret Billson
Independent Directorless than a yearUS$23.63kno data
Darren McDew
Independent Director1.6yrsUS$215.82kno data

4.1yrs

Average Tenure

63yo

Average Age

Experienced Board: GCP's board of directors are considered experienced (4.1 years average tenure).