SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 11, 2010, the Board of Directors of the General Electric Company (the Company) elected James S. Tisch to the Company’s Board of Directors. Mr. Tisch is President and Chief Executive Officer and a director of Loews Corporation. The Board of Directors increased its size from sixteen to seventeen directors, and Mr. Tisch joined the Board of Directors to fill the resulting vacancy.
The Board of Directors has determined that Mr. Tisch is an independent director under the New York Stock Exchange listing standards and the Company's independence guidelines, as set forth in its Governance Principles.
Mr. Tisch will participate in the compensation and benefit program for non-management directors as described on pages 39 through 41 of the Company’s Proxy Statement for its Annual Meeting of Shareowners held on April 28, 2010.
The Board has not yet appointed Mr. Tisch to any Board committee.
A copy of the Company’s press release announcing the election is attached hereto as Exhibit 99 and hereby incorporated by reference.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On June 11, 2010, the Company’s Board of Directors approved the following amendments to the Company’s By-laws:
As a result of these amendments, a shareholder may nominate an individual for election as a director or bring other business before the 2011 annual meeting (other than proposals governed by Rule 14a-8) only by providing written notice to the Company, in the required form, on or after December 29, 2010 and no later than January 28, 2011.
This description is qualified in its entirety by reference to the text of the amended and restated By-laws filed as an Exhibit to this Report.
Item 9.01. Financial Statements and Exhibits.
The following exhibit is being filed as part of this report:
3(ii) The By-laws of General Electric Company, as amended on June 11, 2010
99 Press Release dated June 16, 2010, issued by General Electric Company
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.