GE Vernova adopts executive change-in-control severance policy with 2x salary/bonus for CEO

GE Vernova Inc.

Compensation committee approved a new Change in Control Severance Benefits Policy on Sept 5, 2024.
CEO covered termination severance = 200% of base salary plus 200% of target bonus; other execs = 150%.
Policy also provides prorated bonus, earned but unpaid bonus, and full vesting of time-based equity awards.
First annual shareholder meeting set for May 14, 2025; proposal deadlines: Nov 28 (Rule 14a-8) and Feb 13, 2025 (other).

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