Tag: Trian Fund Management
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...
GE’s Immelt, on `hot seat,’ sees hurdles to Trian profit goal
NEW YORK - General Electric Co. Chief Executive Officer Jeffrey R. Immelt, under pressure from activist investor Trian Fund Management to boost profit, is...