Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors
Steve Blank
NOVEMBER 1, 2017
— In June 2017, the board “retired” Jeff Immelt and promoted John Flannery to CEO. So far in 2017, GE is the worst performing stock on the Dow Jones Industrial average. In the case of P&G, 40% of its stock was owned by small investors, helping the company fight off a 2017 proxy battle with Trian.). Then it wasn’t.
Let's personalize your content