GE’s $89,000-a-month man lands on footnoted’s dubious list

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Footnoted, the business blog that dives into the financial filings of publicly traded companies, has listed a GE footnote as one of the six worst for 2013.

GE disclosed earlier in the year that Jack Krenicki, a vice president in the energy division, would be leaving the company after a 29 year career. Later, Footnoted reported GE had agreed to pay Krenicki, after he left, $89,000 a month until he turns 60. Krenicki, according to research, is about 50.

Sears Holding, Dell, Netflix, Yahoo and Zynga also made the top six. You can vote on which footnote  you  think is the worst for the year at:  footnoted.

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Rob Varnon

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