Just announced changes. Look for GECAS, NALH and the Power Portfolio to be sold shortly soon. DJ is not there as an operations man he is there to exit businesses. Kudos to diversity and rewarding RS for one thing and one thing only.
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I think that Aviation needs RS's help.
Who would buy Nuclear? Industry is pretty dead. Might be better to shutter it and take the write down...?
GE will exit/sell its Nuclear business 1st quarter 2021.
@3uhr+17ilZlAr. RS went to aviation, like they really need more problems!
So what new job did RS get? Did somebody get the boot or just a reshuffle?
Power Conversion and Steam heads rolled. PC now making money.
Should have removed the nuclear guy at Wilmington. Has done nothing to bring in new business.
Watch and learn-time will tell.
RS doing heavy lifting....that’s laughable at best. He kept his head in the sand while power was tanking, just another clueless exec. As stated earlier on this page, there is only one reason RS is still employed at GE, and that’s seems to be what matters.
Fellas please look at the big picture RS will trim services to wring our profit.
Culp is methodically fixing this company.
Culprit is peeling back the onion. GECAS will be forced to get its act together. RS has done the heavy lifting to get Power Portfolio ready to be sold.
This is fantastic news! Anything to bump shares even if a few cents as I bought at $ 5.50. If liquidation brings be $ 10 a share I'd be thrilled