GE names China CEO Hutchinson to run Alstom's energy business

GE appoints Mark Hutchinson, who has been the company's chief executive for greater China since 2011, to integrate the energy business it is acquiring from Alstom.

Like many top GE execs, Hutchinson has cycled through different roles within the company; before heading GE's China unit, he oversaw European and Asian real estate operations, built a European capital markets team as president of GE Capital Real Estate, and led GE's global securitization and loan syndication team from New York.

Hutchinson's China role will be succeeded by Rachel Duan, who previously was head of GE's healthcare business in China.

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Comments (4)
  • polkee
    , contributor
    Comments (9) | Send Message
    Does anyone have a short and concise opinion on why GE's, a global giant, stock price does not appreciate?
    4 Jul 2014, 08:43 AM Reply Like
  • hhess13892
    , contributor
    Comments (760) | Send Message
    GE is being priced based on it's past, not it's future.
    4 Jul 2014, 12:07 PM Reply Like
  • Felix Lumpe
    , contributor
    Comments (782) | Send Message
    Personally I believe it us due to a long standing lack of confidence in their CEO and a lackluster BOD. Much of the CEO confidence was destroyed in 2008 when the CEO stated that the stock dividend was safe and then a month later it was slashed by 75%. Ancient history, I know, but the guy is still the CEO.
    4 Jul 2014, 06:28 PM Reply Like
  • Shaduc
    , contributor
    Comments (3021) | Send Message
    The credibility comes as Buffett invested (and greatly profited) in GE to carry it out of this time.


    Too bad the US Govt wasn't so wise!
    4 Jul 2014, 06:37 PM Reply Like
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