GE won’t try to claw back Jeff Immelt’s pay, ending probe into alleged misconduct
January 05, 2021 at 16:00 PM EST
General Electric Co.’s board won’t claw back compensation from former CEO Jeff Immelt and other executives over GE’s accounting issues or Mr. Immelt’s use of a backup corporate jet, ending a three-year probe into allegations of misconduct at the conglomerate.