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GE to Seek Shareholder OK on Severance

New guidelines adopted in advance of the annual meeting for the company.

> > Companies are becoming more responsive to shareholders in this age of Sarbanes-Oxley and high-profile executive trials. A number of companies are acting on shareholder wishes that are not binding.
The most recent example: General Electric Corp.has agreed to give shareholders approval of large severance packages for senior executives.

Source: CFO


Published:2004-03-24
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