Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors
Harvard Business
OCTOBER 30, 2017
The firm wrote a white paper, “Transformation Underway … But Nobody Cares,” which essentially said GE stock was undervalued because investors didn’t believe Immelt and GE management would do the things needed to deliver a higher stock price and dividends. In 2015 Trian Partners, an activist investor, bought $2.5
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