GE shares pop 16% after company dumps Flannery as CEO, takes $23 billion charge for power business - CNBC


CNBC

GE shares pop 16% after company dumps Flannery as CEO, takes $23 billion charge for power business
CNBC
General Electric abruptly removed John Flannery as chairman and CEO on Monday and installed Lawrence Culp as his successor. At the same time, GE said it will take a $23 billion non-cash charge for its struggling power business. The industrial ...
GE Ousts CEO John Flannery, Discloses Deeper Problems in Power UnitWall Street Journal
H. Lawrence Culp, Jr. Named Chairman and CEO of GEBusiness Wire (press release)
GE's stock soars after CEO Flannery replaced, to take a near $23 billion impairment chargeMarketWatch
Financial Times -Markets Insider
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