Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors
Harvard Business Review
OCTOBER 30, 2017
He sold off slower-growth, low-tech, and nonindustrial businesses — financial services, media, entertainment, plastics, and appliances. So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. Everything is on the table,” Flannery said on a conference call to discuss quarterly earnings.
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