General Electric replaces CEO with outsider, shares soar – Reuters
Reuters |
General Electric replaces CEO with outsider, shares soar
Reuters (Reuters) – General Electric Co (GE.N) ousted Chief Executive Officer John Flannery in a surprise move on Monday, replacing him with outsider and board member Larry Culp, and said it would take a roughly $23-billion charge to write off goodwill in its … GE shares soar after company suddenly dumps John Flannery as CEOCNBC GE Abruptly Ousts CEO John Flannery, Replacing Him With Former Danaher CEO Lawrence CulpFortune GE's CEO is out after only a year, and Wall Street is thrilledQuartz Barron’s –Seeking Alpha –Fox Business –24/7 Wall St. all 1,533 news articles » |
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