Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors
Steve Blank
NOVEMBER 1, 2017
He sold off slower-growth, low-tech, and nonindustrial businesses — financial services, media, entertainment, plastics, and appliances. In 2015 Trian Partners, an activist investor, bought $2.5 In 2015, the 10 largest shareholders in a typical S&P 500 company held almost half of the company’s stock.) of the company.
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