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General Electric CEOs: A short but notable list
Former GE CEO Jack Welch was ‘something special’: Bob Wright
Former General Electric Vice Chairman Bob Wright remembers Jack Welch.
General Electric, once one of the world's premier industrial giants, was built by just a handful of CEOs most of whom were groomed internally.
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However, in recent years, the 2008 financial crisis combined with a strategy that failed to produce results, has pushed the share price below $10.
GENERAL ELECTRIC COMPANY
During its prime, the company was known to be a key holding for "orphans and widows" because of its steady dividend. However, in October 2018 management was forced to slash it to one cent to conserve cash. Additionally, after over 110 years, the company was yanked from the Dow Jones Industrial Average in 2018.
FOX Business takes a look at the leaders that built GE up, those blamed for its demise, and the current CEO tasked with reviving the battered icon.