Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors
Steve Blank
NOVEMBER 1, 2017
So is John Rice, the head of Global Operations along with CFO Jeffrey Bornstein. Increase operating margins to 18% (by cutting expenses). Next, they use the financial press and blogs to spread their message to the institutional investors. Since then Flannery has replaced Immelt’s vice chairs responsible for innovation.
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