General Electric Co. (GE) Jumped To A 1-Month High After New CEO Appointed

General Electric Co. (GE) announced Monday morning that John Flannery, the current President and CEO of GE Healthcare, has been named CEO of the company, effective August 1, 2017 and Chairman and CEO effective January 1, 2018. Jeff Immelt, current Chairman and CEO, will remain Chairman of the Board through his retirement from the company on December 31, 2017.

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