dropped from 315,000 in 2002 to 307,000 in 2013. Criticism During Immelt's tenure as CEO, shares of GE dropped 30%, while the S&P 500 rose by 134%. GE restated its earnings in 2005 and agreed to pay the SEC $50 million to settle allegations of accounting fraud in 2009. GE receiving aid from the Federal Reserve while not paying federal income taxes became a political issue in the 2016 presidential campaign, although GE did pay taxes in other jurisdictions. At the end of 2012, over $100 billion had been kept offshore to avoid a special federal repatriation tax. In 2015, GE announced a repatriation program for part of its cash balances. In 2016, GE moved its headquarters from Connecticut to Massachusetts, citing Connecticut's tax increases. Immelt had an empty private jet following his own private jet, in case there were delays with his primary jet. Compensation and retirement Immelt's compensation has fluctuated significantly. As CEO of General Electric in 2007, Immelt earned a total compensation of $14,209,267. In 2008, he earned a total compensation of $5,717,469. In 2009, Immelt earned a total compensation of $5,487,155. In 2010, Immelt's compensation nearly tripled to $15.2 million. Immelt had a total five year compensation of $53.82 million through 2011, an income which ranked sixth among executives employed by US-based conglomerates. Some components of his total compensation package over the years have been newsworthy. In some years he was granted stock options at $0, and in other years he was paid no bonus. In 2014 his compensation totalled $18.8 million, a decrease from his 2013 compensation of $25.8 million. That 2013 compensation had risen 20% over his 2012 compensation of $20.6 million. On June 12, 2017, GE announced that Immelt would retire as CEO and would be replaced by John L. Flannery. Immelt stepped down in October 2017. Later career Uber Immelt was initially a top candidate to become CEO of Uber, replacing founder Travis Kalanick. He was initially Kalanick's favorite for the post, in part because he was still open to Kalanick still having a significant role. However, Immelt's presentation before the board was poorly received; one director called it "a bad joke," and even Kalanick soured on him. Immelt withdrew from consideration after a director privately told him he had no chance at getting the job. athenahealth On February 7, 2018, Immelt became the chairman of the board at athenahealth. Immelt joined