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CEO of General Electric Jeff Immelt

Last updated on April 25, 2019 By B. Ray

Jeff Immelt is leaving.

 

GE is losing money right now. Well at least in the form of stocks. I wish that wasn’t so much a metric for success of a company. There are too many ways to hide loss in profits when dealing with stocks. For the general public it is a losing battle.

When the stock drops most CEOs run away. But they can still say they were a CEO. Making mistakes is not something the little guy can afford. I wish the guy make 50K could cause the company to loos money and still be looked favorable at a new company. We all know that won’t happen and they likely would have a hard time.

source: https://seekingalpha.com/article/4076690-general-electric-ceo-jeff-immelt-just-tapped

Filed Under: News

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