Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors
Steve Blank
NOVEMBER 1, 2017
During Jeff Immelt’s tenure GE’s stock-market value fell by about half. Its stock is trading where it was 20 years ago. So far in 2017, GE is the worst performing stock on the Dow Jones Industrial average. In 2015 Trian Partners, an activist investor, bought $2.5 billion of GE stock – about 1.5%
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