Notice in headlines that Jeff turned down his 11.7 million dollar bonus because of stock performance. That's about the only decent he has done for shareholders in the past year. Suspect he should have been tossed out the door on his butt around 3 or 4 years ago. During his reign he has managed to lose around 80% of shareholder value, become the first CEO in many years that didn't increase the dividend, may in fact have to cut or eliminate the dividend, lose GE's status has one of the most respected SP500 companies, and the list is too long to post. Fire the Man and replace him with a hard nose SOB that turn this sinking ship around and do it now before it sinks.
Thinking of CEO's and B of D's, have you ever noticed the close relationship of the two? CEO's are appointed by the B of D's and in most cases members of the Board are highly recommended by the CEO's. This creates grounds for collusion, especially when it pertains to benefits of both. All of these arrangements need to be investigated for fraud. Theses outrageous benefits paid to each are a drain to the benefits of the common stock holder. Go back and take a look at what Jack received while on the payroll plus the benefits he received when he retired. Outrageous. Thievery of common stock benefits.