General Electric's Immelt to take â¹1,300 crore after leaving
Jeff Immelt, who has stepped down as General Electric CEO, will take home nearly $211 million (â¹1,300 crore) when he leaves, reports said. Immelt, who'll retire on August 1, took over as CEO four days before September 11, 2001 terror attacks, and presided over a 30% decline in GE's stock. The slump cost GE $150 billion in market value.