GE names John Flannery as CEO, Immelt to step aside

June 12, 2017 by  
Filed under News

(Reuters) – General Electric Co on Monday named veteran insider John Flannery as its next chief executive, taking over from Jeff Immelt who is stepping aside after 16 years as the head of the conglomerate he helped steer through the financial crisis but is now worth a third less than when he took over.

Source: Reuters Business News

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