H. Lawrence Culp, Jr. is the CEO of General Electric Aerospace and brings a lot of experience to the role. He previously led Danaher Corporation where he made significant impacts. He holds a bachelor’s degree from Washington and Lee University...

Current Market Cap

$202.01B

Number of Employees

125K

Total Compensation

2012 - 2023

Trending up by 15.95% last year
Showing total compensation for the last 2012 - 2023

Stock

Down by -100.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Up by 0.00% last year

Year

2023

Total Compensation

$8.70M

Salary

$2.50M

Board Justification

The compensation philosophy emphasizes alignment with company performance, peer benchmarking, and retention strategies, focusing on delivering strong results and shareholder value.

Bonus

$5.63M

Board Justification

Annual bonus based on predetermined performance measures under the Annual Executive Incentive Plan (AEIP) for 2023.

Other

$571.02K

Board Justification

Other compensation includes life insurance premiums, contributions to savings plans, and security services.

Restricted Stock

$0.00(0 PSUs)

Board Justification

No stock awards vested in 2023 as the performance metrics for the 2023 PSUs were not established at the time of the grant.

Performance Metrics

The performance metrics for the CEO's compensation in 2023 included organic revenue growth, profit or adjusted profit, and free cash flow.

SEC Filing

From March 14, 2024