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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

GE Brings New Leadership to Revamp Ailing Power Business

Andrew Brunton
GE Brings New Leadership to Revamp Ailing Power Business

Will Restructuring Initiatives Put GE Back on Growth Trajectory? In mid-November 2018, General Electric’s (GE) newly appointed CEO Larry Culp announced a leadership shuffle to help turn around the company’s ailing Power business. The leadership shuffle includes bringing back former GE executive John Rice from retirement to be the chair of the newly structured gas power business.

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