Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors
Harvard Business Review
OCTOBER 30, 2017
So is John Rice, the head of global operations, along with CFO Jeffrey Bornstein. Increase operating margins to 18% (by cutting expenses). GE’s gross margin was 21% last year, compared with 28% for United Technologies and 30% for Siemens. Comstock is out. In 2015 Trian Partners, an activist investor, bought $2.5
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