UPDATE 5-General Electric replaces CEO with outsider, shares soar

General Electric Co ousted Chief Executive Officer John Flannery in a surprise move on Monday, replacing him with outsider and board member Larry Culp, and said it would take a roughly $23-billion charge to write off goodwill in its power division, primarily from a large 2015 acquisition.

https://ift.tt/2OkRtZV support@endlesssupplies.biz (Endless Supplies .Biz) October 01, 2018 at 12:46PM