GE’s Immelt – Hold on Loosely
Reuters are reporting the New York Post has sources that state Jeffrey Immelt, CEO and Chairman of the Board of Multinational super conglomerate conglamarate conglamorous Corporation General Electric (NYSE:GE) has 6 months to shape up or ship out.
Jeff’s come under a lot of heat for two major reasons. One: GE’s stock has been flat since Immelt took over from infamous CEO Jack “Neutron Jack” Welch and Two: Slipping up on an earnings estimate that was “in the bag”.
How does Jeff attempt to redeem himself? …more
