[neverevergiveup]

GE’s portfolio of patented technology is amazing. They need better vision and management.

[pepsi_junkie]

Many companies in the USA choose to make one person both the CEO and the Chairman of the Board. The Board hires / fires corporate officers and provides oversight of them on behalf of the shareholders. It is a clear conflict on interest for one person to have oversight over himself and is directly against the interests of the shareholders to have independent oversight on their behalf.

GE hired Jeff Immelt to both roles for 16 years and that guy was a giant zero. A giant zero that could never be fired because ... he was in charge of firing himself. He killed GE and made unglodly stacks of cash while doing so.

[Jimmy Valentine]

You have hit the nail on the head. Management especially under Immelt has been just awful. GE Capital was a cash cow for years until they got fat and stupid.