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Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business Review

So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. And in the 21st century, the majority of public company shareholders are institutional investors (banks, insurance companies, pensions, hedge funds, REITs, investment advisers, endowments, and mutual funds), not individuals. (In Comstock is out.

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