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. At a minimum, as is happening to GE now, it forces a company to go through a review of its strategy. (At In June 2017 the board “retired” Immelt and promoted John Flannery to CEO. Comstock is out. billion of GE stock — about 1.5%
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