Immeldt’s tenure was an unmitigated disaster. Among other horrible strategies, he tried to get GE even more on the government teat for faddish Green Energy and other Obama pet projects. Its sad given where GE was when Welch left.
Immeldt’s tenure was an unmitigated disaster. Among other horrible strategies, he tried to get GE even more on the government teat for faddish Green Energy and other Obama pet projects. Its sad given where GE was when Welch left.
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Immeldt and board bet on Obama and Clinton and everything commie and green...I just bought GE...figured my dad who retired from nuclear fuels and 7 patents and 39 yrs (1995 retired) had to have left something good behind at this point price.
Bears repeating. Immelt was a total disaster.