Tuesday, November 29, 2022
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Immelt retiring as head of GE; John Flannery named as replacement

During Jeffrey Immelt's time as CEO, GE returned $143 billion to investors in dividends, more than in the entire prior history of the company.

GE forms new energy company

Current begins its life with a billion-dollar revenue stream.

Cuomo said to court GE

New York governor reportedly visited Fairfield recently.

GE to spin off retail business unit

GE's retail business unit plans to complete an initial public offering later this year.

Report: Immelt won’t rule out GE Capital spinoff

Speaking at a conference in Sydney, General Electric Co. CEO Jeff Immelt reportedly said the company would consider spinning off its financial services unit, but that there are no current plans to do so.

GE, NFL to collaborate on concussion prevention

General Electric Co. CEO Jeffrey Immelt and National Football League Commissioner Roger Goodell today will announce a new initiative aimed at reducing concussions and improving player safety.