John F. Welch, Jr
1998
In 1998, John F. Welch, Jr earned a total compensation of $10.1M as Chairman of the Board and Chief Executive Officer at General Electric, a 25% increase compared to previous year.
Compensation breakdown
| Bonus | $7,200,000 |
|---|---|
| Salary | $2,800,000 |
| Other | $104,944 |
| Total | $10,104,944 |
Welch received $7.2M in bonus, accounting for 71% of the total pay in 1998.
Welch also received $2.8M in salary and $104.9K in other compensation.
Rankings
In 1998, John F. Welch, Jr's compensation ranked 1st out of 5 executives tracked by ExecPay. In other words, Welch earned more than 80.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 1 out of 5 | 80th |
Division Manufacturing | 1 out of 5 | 80th |
Major group Electronic And Other Electrical Equipment And Components, Except Computer Equipment | 1 out of 5 | 80th |
Source: SEC filing on March 13, 2000.
Welch's colleagues
We found four more compensation records of executives who worked with John F. Welch, Jr at General Electric in 1998.