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