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How GE’s Larry Culp Found a Way Out of the Mess Jack Welch Made
The first GE CEO to come from outside the company is dividing the faded icon to conquer its troubled past.
14 Nov 2021, 08:45 PM IST
(Bloomberg Businessweek) -- Not that long ago, the prospect of General Electric Co. fading from view would have been almost laughable. As recently as 2000 the company co-founded by Thomas Edison was the world’s most-highly valued corporation, with its stock worth about $600 billion, and for decades it boasted a AAA credit rating—the same as that of the U.S. government.
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