- General Electric is rethinking its “20-year” CEO policy.
- This may mean that a new CEO could come onto the scene sooner than expected.
- It has been widely assumed that General Electric would continue the precedent set by former long-time CEO Jack Welch.
- The current CEO Jeff Immelt has been at the helm of the company for 13 years.
- General Electric is also looking to further downsize GE Capital beyond just the credit card segment.