GE's Immelt gets pay increase following 2103 results, WSJ reports

theflyonthewall.com

GE CEO Executive Jeffrey Immelt received his second base pay raise in the 12 years since he took over, a result of the company's 2013 performance when its stock jumped more than 30%, reports the Wall Street Journal. His base salary was increased 5% to $3.5M annually and his cash bonus was up 11% to $5M.

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