nardelli

General Electric (GE) sure knows how to produce leaders. Robert Nardelli, who lost out to Jeff Immelt to take over GE when Jack Welch left, found a new home at Home Depot (HD). But he ran that into a ditch and got booted out after bulking up on an unprofitable wholesale division while firing the...

In 2006, I wrote a post on the possible successors to General Electric Co. (GE) CEO Jack Welch, giving the winner of the succession battle a gentleman's C. Jeff Immelt, who took the baton from Welch, was presiding over a steady decline in GE's stock price -- it's down 70 percent since he took over....

This morning's news that General Motors Corp. (GM) has 60 days to come up with a new restructuring plan -- coupled with the decision to oust its CEO Rick Wagoner -- suggests a new 'get tough' attitude towards companies that take taxpayer money. While I am not sure that Wagoner deputy Fritz...