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Vincent Kessler/Reuters Jeffrey Immelt has stepped down from General Electric’s board earlier than expected, a release from the company said on Monday. “Jeffrey R. Immelt retired as a director and Chairman of General Electric Company’s Board of Directors (the ‘GE Board’) in light of Mr. Immelt’s determination that the CEO transition has proceeded smoothly and that John L. […]
Chip Somodevilla/Getty Images Jeff Immelt was CEO of GE for 16 years He turned to Silicon Valley for advice on keeping GE relevant and competitive In an essay published by the Harvard Business Review, he credits much of his inspiration to a 2011 article by Marc Andreessen, and the book “The Lean Startup” Over his 16-year tenure […]
Uber apparently just lost its front-runner for the CEO job. Immelt tweeted on Sunday that he’s withdrawing his name from the hunt. Tweet Embed:https://twitter.com/mims/statuses/901832519913537540I have decided not to pursue a leadership position at Uber. I have immense respect for the company & founders – Travis, Garrett and Ryan. Uber could not be immediately […]
Mike Nudelman / Business Insider When Jeff Immelt became the CEO of General Electric in 2001, he was following Jack Welch, one of the late-20th century’s most prominent corporate leaders. Just days after he took over the corner office, the US was attacked on September 11. Then came the financial crisis and the Great Recession. […]
GE CEO Jeff Immelt is stepping stepping down from his position after 16 years, the company announced Monday, and will be replaced by John Flannery, who heads GE’s healthcare division. The company said the move is a part of a succession plan that has been in place since 2011. Under the move, Immelt, under whose […]
Vincent Kessler/Reuters (Reuters) – General Electric Co named John Flannery chief executive of the company as part of a succession plan. Flannery would be CEO of the company effective August 1 and chairman effective Jan. 1, GE said. Current CEO Jeff Immelt would remain chairman of the board through Dec. 31, according to the statement. […]
