Tuesday, March 12, 2013

Public to Private

Mary Schapiro, the recently retired head of the SEC, has been nominated to GE's board of directors. If voted in, Schapiro will make a very nice buck. All board members make around $250,000. As chairwoman of the SEC, Schapiro was paid around $165,000. Schapiro has experience on boards, she served on the board for Kraft Foods and Duke Energy prior to joining the SEC.

Link: http://dealbook.nytimes.com/2013/03/11/mary-schapiro-is-nominated-to-g-e-board/

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