David Joyce is the former Vice Chairman and CEO of GE Aviation, with a remarkable 40-year career at General Electric (GE). He first joined GE and immersed himself in the intricacies of the business, eventually leading the Aviation sector. Under...

Current Market Cap

$192.53B

Number of Employees

125K

Total Compensation

2016 - 2020

Trending down by -92.60% last year
Showing total compensation for the last 2016 - 2020

Stock

Down by -100.00% last year

Salary

Down by -64.36% last year

Bonus

Down by -100.00% last year

Other

Up by 26.91% last year

Year

2020

Total Compensation

$1.12M

Salary

$653.41K

Board Justification

The compensation philosophy emphasizes alignment with company performance, retention of key executives, and competitive benchmarking against peers.

Bonus

$0.00

Board Justification

Mr. Culp voluntarily forfeited his bonus for 2020, despite the 80% discretionary funding for the Corporate bonus pool.

Other

$463.80K

Board Justification

This amount reflects the change in pension value for Mr. Culp in 2020, which is part of his overall compensation package.

Restricted Stock

$0.00(0 Performance Shares)

Board Justification

No stock was vested in 2020 as the focus was on performance shares and other long-term incentives.

Performance Metrics

The performance metrics for determining compensation include operational execution, cost structure improvements, and debt reduction.

SEC Filing

From March 22, 2021

David Joyce

Ex-CEO of General Electric

DJ

Education

Bachelor's degree in mechanical engineering from Michigan State University and a master's degree in business finance from Xavier University.

Field of Expertise

Technology & Engineering - Engineering

Born

December 1, 1957 - 66 years ago

Is Founder?

No

Tenure

12 years 3 months (Jun 2008 - Sep 2020)

Previous Experience

40-year veteran of GE, previously served in various leadership roles within GE Aviation.

View Holdings

Insider Holdings of David Joyce

GE

$23.18M

-$665.49M (-96.63%)

Last Insider Trade

GE

549,000 shares

GE

Feb 11, 2021

Received