Around the Net
GE Overhauls Board, Dumps Longest-Serving Directors
- Wall Street Journal, Wednesday, February 28, 2018 8:06 AM
General Electric will overhaul its board, removing several of the struggling company’s longest-serving members and nominating three outsiders, including an accounting expert and former top executives from American Airlines. The board changes come as GE executives have slashed the company’s dividend and financial projections in recent months while pledging to shed at least $20 billion in assets.
