Immelt To Depart As GE Names New Chief Executive
General Electric announced a leadership shakeup on Monday as it faces scrutiny after a corporate makeover executed by outgoing chief Jeff Immelt in the wake of the 2008 financial crisis failed to ignite strong growth. Immelt, 61, will step down as chief executive on August 1, handing the reins to GE Healthcare president John Flannery, … Read more