Culp will have to move quickly to combat 'unsettling' change at GE, says former GE executive

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

General Electric's new CEO, Lawrence Culp, will have to move quickly to turn things around amid 'unsettling' change at the company, says former GE executive Bob Nardelli.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

General Electric replaces CEO with outsider Culp, shares soarGeneral Electric Co ousted Chief Executive Officer John Flannery in a surprise m... 🎵🥁🥁🥁another one bites the dust 🎶 Pharol ticker PHR PSI20 (Portugal) The best invest,eat you van make now in Europe. STRONG BUY 0,173 ALL IN. All you have to know about:
Source: Reuters - 🏆 2. / 97 Read more »

General Electric replaces CEO with outsider Culp, shares soarGeneral Electric Co ousted Chief Executive Officer John Flannery in a surprise m...
Source: Reuters - 🏆 2. / 97 Read more »

General Electric CEO Culp says company has too much debtGeneral Electric Co Chief Executive Officer Larry Culp said on Monday the conglo... Cae las acciones de general electric Business school's will be writing about the failure of Jeffrey Immelt and his management team for decades. It smells of a toxic culture to the likes of Enron, Tyco, and other well published failures. GE needs to cut debt? What was the selling off of the appliance division for?
Source: Reuters - 🏆 2. / 97 Read more »

General Electric Retirees Contemplate Selling GE StockMany General Electric (GE) retirees depend on the company for their pension and the stock for their portfolio. This works great when the company is healthy and the stock performs, but the flip side is not pretty. probably a little late don't you think? What in the name of diversification is going on? Start infrastructure reboot now.
Source: Forbes - 🏆 394. / 53 Read more »

General Electric replaces CEO with outsider, shares soarGeneral Electric Co ousted Chief Executive Officer John Flannery in a surprise m... TV 😂 TV TV John inherited the work of Jeff immelt it will be interesting to see how Larry transform this conglomerate around if it’s possible within less than 14 months. John was a good guy!
Source: Reuters - 🏆 2. / 97 Read more »

GE Capital to sell $1.5 billion healthcare equipment financing businessGeneral Electric Co's finance arm GE Capital said it is selling its healthc... Bill Wilson is rolling over... Is there anything left to GE? Is GE bankrupt?
Source: Reuters - 🏆 2. / 97 Read more »

GE unit wins $450 million U.S. defense contract: PentagonGE Medical Systems Information Technologies Inc, a unit of General Electric Co, ... Oh no parts need to be replaced every six months. r_m_mad75 Are my fellow government workers, working 👀💁🏾‍♂️
Source: Reuters - 🏆 2. / 97 Read more »

GE CEO Larry Culp Could Get Millions of Shares — if He Can Double the Stock PriceWhen Culp was named to GE’s top post, his compensation package included a one-time inducement award of 2.5 million to 7.5 million performance stock units that are eligible to pay out on a one-to-one basis into GE stock based on hitting specific price targets.
Source: MarketWatch - 🏆 3. / 97 Read more »

GE earnings: Can CEO Culp finally set a bullish tone on the conference call?What may be of most interest to General Electric investors when the struggling industrial conglomerate reports fourth-quarter results before the Jan. 31 open, is not what is said on the post-earnings conference call, but how it’s said. Is that a video clip from Cool Hand Luke? Why? nope
Source: MarketWatch - 🏆 3. / 97 Read more »

GE boss could face his own goodwill writedownThe firm’s stock sank anew on Monday despite Larry Culp’s vow to speed asset sales. Repeated failures to draw a line under power woes and other liabilities have shredded GE’s credibility. The new chief risks falling into the same trap, and losing investors’ confidence.
Source: Breakingviews - 🏆 470. / 51 Read more »