As a result of the Welch divorce, what happened at GE?
A) GE was fined by the SEC for failure to disclose all of Mr. Welch's compensation
B) Nothing, GE was not affected by this personal matter
C) GE terminated Welch as a consultant
D) GE hired a lawyer for Welch

Question

Quizplus · Accepted Answer

The Welch divorce brought to light undisclosed benefits that Jack Welch, the former CEO of GE, was receiving, which led to scrutiny by the Securities and Exchange Commission (SEC). As a result, GE was fined for failing to fully disclose all of Welch's retirement perks and benefits.

As a Result of the Welch Divorce, What Happened at GE