In 2020, David Joyce earned $1.12M in total compensation at General Electric, primarily from $653.41K salary. Most recently acquired 549,000 shares in Feb 2021. Currently holds stock worth $291.89M. Led General Electric as CEO for 12 years.
Compensation History
Annual executive compensation data for David Joyce, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$1.12M
Salary
$653.41K
Bonus
$0.00
Other
$463.80K
Salary
$653.41KBoard Justification
The compensation philosophy emphasizes alignment with company performance, retention of key executives, and competitive benchmarking against peers.
Bonus
$0.00Board Justification
Mr. Culp voluntarily forfeited his bonus for 2020, despite the 80% discretionary funding for the Corporate bonus pool.
Other Compensation
$463.80KBoard Justification
This amount reflects the change in pension value for Mr. Culp in 2020, which is part of his overall compensation package.
Restricted Stock
Board Justification
No stock was vested in 2020 as the focus was on performance shares and other long-term incentives.
Performance Metrics
The performance metrics for determining compensation include operational execution, cost structure improvements, and debt reduction.
David Joyce
Ex-CEO of General Electric
Education
Bachelor's degree in mechanical engineering from Michigan State University and a master's degree in business finance from Xavier University.
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
Born
December 1, 1957 - 68 years ago
CEO of General Electric for
12 years 3 months (Jun 2008 - Sep 2020)
Previous Experience
40-year veteran of GE, previously served in various leadership roles within GE Aviation.
Other General Electric CEOs
Holdings
Track David Joyce's stock holdings and portfolio value over time.
Total Stock Sold
$4.74M
$4.74M
200,056.486 GE shares
What if they kept their stock?
If David Joyce didn't sell their stock, today they would have:
Extra GE200,056.486 shares worth $56.80M.
This is 1,097.9% and $52.06M more than what they got when they sold the stock.
Insider Trading
David Joyce's recent stock transactions, purchases, and sales filed with the SEC.
549,000 shares
GE
Feb 11, 2021
Received
$4.72M
GE at $29.56/share
Feb 3, 2017
Sale
Rivals
Compare David Joyce with competitor CEOs and industry peers.
Sundar Pichai
CEO of Alphabet Inc.
2024 Compensation
Stock
$51.70M
Salary
$2.02M
Bonus
$0.00
Other
$8.30M
Total Holdings
$399.66M
Darius Adamczyk
CEO of Honeywell International
2024 Compensation
Stock
$0.00
Salary
$1.56M
Bonus
$0.00
Other
$2.92M
Total Holdings
$142.05M
David A. Roberts
CEO of Carlisle Companies
2017 Compensation
Stock
$0.00
Salary
$792.20K
Bonus
$1.19M
Other
$12.76K
Total Holdings
$5.57M
Thomas P. Joyce, Jr.
CEO of Danaher
2024 Compensation
Stock
$5.02M
Salary
$1.35M
Bonus
$0.00
Other
$506.42K
Total Holdings
$1.66M
William M. Brown
CEO of 3M
2022 Compensation
Stock
$0.00
Salary
$738.46K
Bonus
$0.00
Other
$993.48K
Total Holdings
$1.25M
Nicholas Fanandakis
CEO of ITT
2023 Compensation
Stock
$0.00
Salary
$1.09M
Bonus
$0.00
Other
$158.98K
Total Holdings
$3.19M