Tag: John Flannery
GE ousts Flannery after slump, names Lawrence Culp CEO
NEW YORK - General Electric Co. soared after ousting John Flannery less than a year into the job of CEO, and naming a renowned...
WSJ: GE to auction off digital assets
PROVIDENCE – General Electric Co. is seeking a buyer for key parts of its digital business, according to the Wall Street Journal Monday.
The company...
GE revamp picks up pace with $11.1B Wabtec rail deal
NEW YORK - General Electric Co. CEO John Flannery is taking the biggest step yet in his plan to revitalize the beleaguered manufacturer, agreeing to...
GE to sell health IT assets in $1.05B private-equity deal
NEW YORK - General Electric Co. agreed to sell a portion of its health care business for $1.05 billion as management streamlines the operations and...
GE CEO renews pledge to study breakup after $6.2B stumble
NEW YORK - General Electric Co.’s new boss said he’s weighing potentially dramatic changes including a breakup into separate businesses, after the iconic manufacturer...
GE Digital hiring on track in Providence
General Electric Co. has a new CEO focused on cost cutting. This includes a re-examination of the size of its corporate headquarters in Boston,...
GE tumbles as CFO sees earnings trending to low end of...
NEW YORK - General Electric Co. said it’s trending toward the bottom end of its profit forecast this year as the manufacturer faces ongoing...
GE’s Immelt steps down, Flannery moves up amid Trian squeeze
NEW YORK - Jeffrey Immelt is stepping down as chairman and chief executive of General Electric Co., ending a 16-year tenure in which he...
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