Transparency on compensation consultant work took a step forward when General Electric (ticker: GE) disclosed information beyond that mandated by new SEC requirements. In response to an October letter signed by large institutional investors and pension funds. GE revealed that its CEO, Jeff Immelt, was not involved in the selection of compensation consultant Frederic W. Cook & Co., which does no other work for a client beyond compensation consulting without the consent of the compensation committee chair. Pfizer (PFE) has also submitted a filing with the SEC noting that it uses Cook as its compensation consultant for CEO and other executive compensation, but not for any other services. For more on the letter sent to GE and 24 other top S&P 500 companies, read the related SocialFunds article.