GE's Immelt Lacks Options

CEO needs to shrink, simplify the business, but can't

By Nick McMaster, Newser Staff

Posted Apr 3, 2009 2:32 PM CDT

(Newser) – Don’t envy GE’s Jeffrey Immelt. Though his core business remains profitable, the CEO presides over a huge, unwieldy empire. Parts of the conglomerate, like GE Capital, have tanked the entire corporation’s share price and caused it to lose its prized AAA credit... Read full story »

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GE's Immelt Lacks Options

CEO needs to shrink, simplify the business, but can't

CEO • General Electric • corporations • Jeffrey Immelt • Triple-A credit rating • credit rating • financial crisis

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S&P to Put Euro Zone on Credit Watch

Announcement likely after markets close

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Exec Pay Likely to Stay in Stratosphere

Gov't measures to curb cash have backfired with strategies to win execs even more

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Firm to invest $580K in aviation plants amid effort to reboot economy

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