Boeing vs General Electric — CEO Pay Comparison
Larry Culp (General Electric) earns $6.0M more in total compensation than Kelly Ortberg (Boeing).
| Metric | BoeingBA | General ElectricGE |
|---|---|---|
| CEO | Kelly Ortberg | Larry Culp |
| Industry | Aerospace & Defense | Aerospace & Defense |
| Total Compensation | $12.0M | $18.0M |
| Base Salary | $1.2M | $1.8M |
| Stock Awards | $6.0M | $9.0M |
| Option Awards | $1.4M | $2.2M |
| Non-Equity Incentive | $1.8M | $2.7M |
| Pay-for-Performance Grade | B (75/100) | C (52/100) |
| CEO-Worker Pay Ratio | 120:1 | 180:1 |
| Median Worker Pay | $100K | $100K |
| Say-on-Pay Approval | 91.8% | 92.1% |
| 3yr Total Shareholder Return | +20.5% | +2.7% |
| Revenue | $77.8B | $67.9B |
| Market Cap | $130.0B | $210.0B |
| Employees | 170,000 | 125,000 |
Analysis
Kelly Ortberg (Boeing) earns $12.0M in total compensation, while Larry Culp (General Electric) earns $18.0M. That is a difference of $6.0M.
On pay-for-performance alignment, Boeing scores B (75/100) while General Electric scores C (52/100). Boeing's CEO compensation is better aligned with company performance.
Boeing's CEO-to-worker pay ratio is 120:1 compared to General Electric's 180:1. Shareholders approved CEO pay at 91.8% (Boeing) and 92.1% (General Electric).