Common Electrical Co. Chief Government Larry Culp has agreed to a minimize in his compensation in response to shareholder suggestions, in keeping with a regulatory submitting on Thursday.
“In response to prior shareholder suggestions, the committee and Mr. Culp agreed to cut back his annual fairness incentive grant for 2022 from a grant date honest worth of $15 million to $5 million,” the submitting mentioned.
Culp’s…
