Get latest articles and stories on Business at LatestLY. The move, made by the board last month, wiped out USD 5 million of the USD 8.2 million in total compensation the company reported for Culp for 2022, as well as a tranche of shares originally valued at USD 15 million when it was awarded in 2020, WSJ said. Business News | GE Cancels Stock Awards for CEO, Cutting USD 14 Mn of Its Pay.