Tag Archives: Immelt

GE Shake-Up

Immelt out; Flannery in, power and energy units combined General Electric announced Monday that John Flannery, current President and CEO of GE Healthcare, has been named CEO of the company by the GE Board of Directors. The move will be effective August 1, 2017. Jeff Immelt, current Chairman and CEO, will remain Chairman of the […]

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Energy Juggernaut?

GE Oil & Gas merges with Baker Hughes General Electric announced a merger of its oil and gas business with energy services provider Baker Hughes in a deal that structures the new publicly traded entity as a partnership jointly owned by each company’s shareholders. According to GE and Baker Hughes, the new company would have […]

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