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3 Things CEO John Flannery Wants to Change at GE


3 Things CEO John Flannery Wants to Change at GE

General Electric Company (NYSE: GE) CEO John Flannery will outline his strategy for the company at the GE Investor Update event on Nov. 13. There's plenty of anticipation about the event from beleaguered investors hoping he can set the company, and the stock price, on the right path. While Flannery's exact plans will be outlined in a few weeks, his comments on the recent, and tumultuous, third-quarter earnings call offered a broad-based overview of what to expect.

So let's look at what was said and how it differs from Jeff Immelt's running of the company.

GE power needs fixing. Image source: General Electric Company.

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Source: Fool.com

General Electric Co. Stock

€155.50
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General Electric Co. gained 1.970% today.
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As a result the target price of 164 € shows a slightly positive potential of 5.47% compared to the current price of 155.5 € for General Electric Co..
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