BREAKING NEWS: GE’s John Flannery out as CEO

GE CEO John Flannery was ousted from his position on Monday and will be replaced by former Danaher chief executive Lawrence Culp. The leadership change will take effect immediately. GE also said it would take a $23 billion non-cash impairment charge for its power business.

More on this story: https://fxn.ws/2P0CoJT

More business leader news: https://fxn.ws/2ItuHtr

For more news, please go to FoxBusiness.com and watch the FOX Business Network.

Manage Subscriptions | Unsubscribe | Contact Us

Privacy Policy | Terms of Use

©2017 Fox News Network, LLC. All Rights Reserved.
1211 Avenue of the Americas, New York, NY, 10036.