Stock has not done anything in the 9 months Johnny at the helm. Trian getting anxious and pushing for new leadership
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Investors like Tran had been fooled long enough by Mr. Flannery. He is the left over of Jeff Immelt's corrupt, disoriented, and false legacy. Every day is important to restore the stock, Flannery must be thrown out yesterday. This should not stop here, Investors need to get justice department involved to go after all of Jeff Immelt staff for sinking the ship over 2 decades and falsifying
Heard news of restructure announcements (re org of corp, shared services moving to Tier 1) will be before June 1. So I think John's plan is ready to go into execution.
It sounds like a lot of things have been happening behind the scenes and among business leadership - you can't turn GE on a dime. Lots of due diligence and getting concensus.
But to the previous comment, we are about to see John's strategy unfold. Fascinating to witness this as a long time employee.
Luv this ...he is part of the problem. Not likely but I would like to see someone from outside come it and fix the problems once and for all.
$20B in business sales, move of shared services/ HQ to each Tier 1 P&L and additional plans are being worked by leadership. Just wait there will be more fun for all of us soon.
More fake news from a real idiot...