Tag Archives: Danaher

GE/Wabtec Drama

GE sells BioPharma life sciences unit; merges transpo with Wabtec General Electric is showing resilience yet again. The iconic company made serious noise with the assets sale of BioPharma, its life sciences unit, to Danaher for $21.4 billion on Monday, and then inked a merger of its transportation sector with Wabtec on Tuesday. Equally moving […]

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GE: Flannery Out; Culp In

30-year GE man lasts merely one year in precarious top spot Welp, that was quick. John Flannery lasted merely one year at the helm of General Electric Co., replaced yesterday by H. Lawrence Culp, Jr., as the embattled company’s CEO. Culp is a GE board member and the former chief of the Danaher Corporation, a […]

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