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JOHN FLANNERY WAS NAMED the new CEO of General Electric Co. following the announcement that Jeffrey Immelt is stepping down from his role as both CEO and Chairman. / BLOOMBERG FILE PHOTO/PRASHANTH VISHWANATHAN

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...
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