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Reuters: GE's Immelt waives $12 million bonus: billion

Started by chris, February 18, 2009, 08:59:11 AM

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chris

GE's Immelt waives $12 million bonus: billion
      
   
      


(Reuters) - General Electric Co  Chief Executive Jeff Immelt has waived his right to a bonus and performance-based pay that would have netted him more than $12 million in cash, the Financial Times said, citing people familiar with the company's plans.<div class="feedflare">
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