Jeff immelt resignation 2017

          General Electric announced Monday that Jeffrey Immelt retired as director and chairman of the company's board of directors, about two months earlier than.

        1. General Electric announced Monday that Jeffrey Immelt retired as director and chairman of the company's board of directors, about two months earlier than.
        2. General Electric said Monday that its longtime chief executive, Jeffrey R. Immelt, would retire at the end of this year, closing out a year run at the helm.
        3. › /10 › why-ges-jeff-immelt-lost-his-job-disruption-and-activi.
        4. Jeffrey Immelt is stepping down as chairman and chief executive of General Electric Co., bringing to an end a tumultuous year tenure.
        5. General Electric chair Jeff Immelt has ruled himself out of the race to become the new boss of taxi service Uber.

          6. › /10 › why-ges-jeff-immelt-lost-his-job-disruption-and-activi....

          GE CEO Jeff Immelt stepping down, John Flannery to take over role

          General Electric Chairman and CEO Jeff Immelt, who took the reigns of the conglomerate from legendary executive Jack Welch, is set to retire after a 16-year tenure defined by moves to shed assets and attempts to redefine the industrial giant as a digital powerhouse.

          GE said Monday that Immelt, 61, would relinquish his CEO post on Aug.

          1 and continue as chairman through Dec. 31.

          Immelt became CEO suite four days before the 9/11 attacks and had the task of leading GE out of its industrial legacy into the digital age. A few years later, he would be face with navigating the company through the financial crisis, ultimately shedding much of its lending business.

          John Flannery, 55, a GE veteran who currently leads the company's healthcare division, will take over as CEO.

          The company's chief financial officer, Jeff Bornstein, was named vice chairman.

          GE's stock didn't fare well under Immelt falling 27% during his time