1. GE Cuts CEO Culp's Incentive Grant After Shareholder Rebuke

    GE Cuts CEO Culp's Incentive Grant After Shareholder Rebuke

    (Reuters) - General Electric Co on Thursday said its Chief Executive Larry Culp would take a 67% cut to an incentive grant this year after shareholders last year rejected his compensation package in a non-binding but rare rebuke over executive pay. In its annual proxy statement filed on Thursday, the Boston-based industrial conglomerate said Culp's annual equity incentive grant for 2022 will be reduced to $5 million from $15 million...

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