This transcript has been automatically generated and may not be 100% accurate.

... I ... the new EU eighty nine thousand dollars a month ... not to work ... I cannot do it but she might be good for at least one man and we had cable I know she's joined us ... right now that a huge ... bouquet as ... the Holy see John Krenicki looking and ... vice chairman of GE he runs their fifteen billion dollar energy business and a couple weeks ago his departure was announced ... they're splitting up the business I understand and so not a role that he wanted anymore or how this is what to say yet so they decided to get rid of the Energy ... layer split up into three businesses they didn't have an actual job for him he decided to leave the company eighty nine thousand dollars a month to not work for three years as Eckrich four competitor ... right yet to exit at any rate it's a three-year what they call noncompete agreements worldwide so he can work for a competitor he gets paid eighty nine thousand dollars a month ... for tenure sizzle twenty twenty two right when he turns sixty at which point his pension ... will kick in so he gets to retain his pension which other ... aam ... GE executives when they left had to forego interest in how to say now is that a special program with pinged legs and do that what she has the program is sad and things more designed for middle manager by doubts on ... that allows them to ... their passion and it's cold on retirement for the good of the company defended the company ... and its case on a nine thousand dollars a month for the good of this man out that people out there who was in St ... wow that's a big chunk of change I have with investors in all if your sissy any backlash in your reporting about this people saying ... really like that's a ... pretty big ... um I think when you think about receiving eighty nine thousand dollars a month which is somewhere said too often ... I'd like to think about it like it was actually occur and identity theft but um that's about ... twice the annual ... median income in the US so it's it's a lot on a monthly basis ... now over ten years as ten million dollars plus these other supplemental city gets its ... console at this and somebody calculated out for us and I was twenty lakh ... the value of twenty point four million right ... now I'm back ... in play in the scope of exit package this well Jack Welch when he left GE that four hundred million dollars ... after so yet ... to hear that ... the company's perspective which is that South like a lot of money but the guys at this level ... bets with their NEI has on the job right he does he's going to private equity ... aam can make even more money which I believe ... has pretty soon I need is to discuss the