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Jeff Immelt to Step Down as CEO of GE; John Flannery Takes Role
Keywords: Ge Immelt,
General Electric Co. GE says CEO Jeffrey Immelt will retire and be succeeded by John Flannery in August 2017. Flannery is head of the healthcare business at GE.
GE Healthcare (General Electric)
03/04/2010
Grouped Articles
The Ka-Ching in China Luring Medical Giants
BusinessWeek 03/04/2010
GE and Siemens: Less May Mean More (Profits)
BusinessWeek 04/14/2011
Wall Street Journal 09/06/2011
A Waiting Game at Finance Unit
Wall Street Journal 09/06/2011
Tea-Party Attacks Put GE on Defense
Wall Street Journal 10/10/2011
Wall Street Journal 12/14/2011
GE (General Electric) plans for GE Capital in 2015- getting out of the banking business
03/13/2015
GE CEO said Immelt said following GE's experience in the banking business during the 2008 financial crisis when its share price dropped to $6, that this is one he "had'nt got right." Moves in 2014 and 2015 including the acquisition of Alstom's business was designed to bring his legacy at General Electric to end on the right note, as one who focussed on GE's historic strengths, and getting out of banking.
Grouped Articles
GE Weighs Deeper Cuts in Banking Arm
Wall Street Journal 03/13/2015
Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit
Wall Street Journal 03/16/2015
GE CEO Notes Banking Arm’s Weak Returns
Wall Street Journal 03/17/2015
GE Seeks Exit from Banking Business
Wall Street Journal 04/10/2015
Do-It-All Era Ending as G.E. Returns to Core
New York Times 04/10/2015
The Lessons for Finance in the GE Capital Retreat
New York Times 04/10/2015
Jeffrey Immelt, CEO of GE (General Electric)
03/03/2015
Grouped Articles
Jeff Immelt’s Overhaul of GE Impeded by Falling Oil Prices
Wall Street Journal 03/03/2015
Wall Street Journal 04/13/2015
Jeff Immelt to Step Down as CEO of GE; John Flannery Takes Role
WSJ 06/12/2017
Under Immelt, GE Was the Worst Performer in the Dow
WSJ 06/12/2017
A Stagnant General Electric Will Replace the C.E.O. Who Transformed It
The New York Times 06/12/2017
G.E. to Spin Off Health Care Division as Part of Major Reshaping
New York Times 06/26/2018
Skepticism about the appointment of Jeffrey Immelt of GE (General Electric) to head the President's Council on Jobs
04/02/2009
Immelt was appointed to head the President's Council on Jobs and Competitiveness in January 2011. A review of blogs following the appointment by Harshaw of the New York Times showed skepticism considering the role GE is playing in transfer of jobs and technology to China, negligible corporate taxes paid by GE, GE's need for bailout funds of $16 billion for its finance unit, and the lack a position for removal of distortions in trade practiced by other trading partners including China.
Grouped Articles
Jeff Immelt’s Overhaul of GE Impeded by Falling Oil Prices
Wall Street Journal 03/03/2015
New York Times 01/21/2011
Volcker Out, Immelt in On Economic Board
New York Times 01/21/2011
New York Times 01/23/2011
Wall Street Journal 01/26/2011
Comparative Advantage and American Jobs
Wall Street Journal 01/26/2011
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