Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors
Harvard Business Review
OCTOBER 30, 2017
So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. GE’s gross margin was 21% last year, compared with 28% for United Technologies and 30% for Siemens. At a minimum, as is happening to GE now, it forces a company to go through a review of its strategy. (At Comstock is out. of the company.
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