GE Replaces Flannery with New Chairman & CEO

GE named H. Lawrence Culp, Jr. chairman and CEO succeeding John Flannery. The GE board also appointed Thomas W. Horton as lead director.

GE Struggles to Fit GE Capital into New Plan

The Wall Street Journal reported GE continues to restructure the company, but it is still struggling to decide what to do with its lending unit, GE Capital.

SEC Investigates GE

The Wall Street Journal reported that the Securities and Exchange Commission is looking into GE Capital’s revenue recognition practices for “long-term service contracts.”

GE CEO Flannery Announces Possible Company Breakup

The Wall Street Journal reported that GE Capital CEO John Flannery said he is considering breaking company divisions off into separately traded units.

General Electric to Cut Dividend 50%

General Electric’s board of directors has determined to set the company’s quarterly dividend to a projected payout of $.12 per outstanding share, representing a 50% reduction from the current quarterly dividend.

WSJ: New GE Chief Cutting Perks, Corporate Staff

The Wall Street Journal reported GE’s new CEO John Flannery has already begun cutting the corporate perks initiated by his predecessor, Jeff Immelt. corporate staff cuts are pending.

Santana to Succeed Miller as CEO of GE Transportation

Rafael Santana, president and CEO of GE Latin America, was named president and CEO of GE Transportation, succeeding Jamie Miller, who will become chief financial officer of GE on November 1, 2017

Flannery to Replace Immelt as Chairman and CEO of GE

President and CEO of GE Healthcare John Flannery was named Chairman and CEO of GE, replacing retiring Jeff Immelt. Flannery has experience leading elements of GE Capital and GE Equity.

John Flannery to Lead GE Healthcare

GE Chairman and CEO Jeff Immelt announced the appointment of John Flannery as president and CEO of GE Healthcare succeeding John Dineen. Flannery most recently was SVP of business development for GE.

GE Names John Flannery Head of Business Development

GE announced the appointment of John Flannery as SVP for corporate business development. Flannery will lead GE’s business development team, which is responsible for GE’s mergers, acquisitions and divestiture activities.