Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors
Harvard Business Review
OCTOBER 30, 2017
The firm wrote a white paper, “Transformation Underway … But Nobody Cares,” which essentially said GE stock was undervalued because investors didn’t believe Immelt and GE management would do the things needed to deliver a higher stock price and dividends. (In billion of GE stock — about 1.5%
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