from Reuters: Business News https://ift.tt/2IweTGb
Tuesday, 2 October 2018
General Electric replaces CEO with outsider; shares soar
General Electric Co 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 power division, primarily from a large 2015 acquisition.
from Reuters: Business News https://ift.tt/2IweTGb
from Reuters: Business News https://ift.tt/2IweTGb
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