Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors
Steve Blank
NOVEMBER 1, 2017
GE made a $4 billion bet on connecting industrial equipment via the Internet of Things (IoT) and analytical software with a suite of products called the “ Predix Cloud ”. In 2015 Trian Partners, an activist investor, bought $2.5 And now Immelt is now the ex-CEO, and Trian Partners just a got a seat on the GE board.
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