Dear subscribers,
Before discussing the immediate news, I will share with you my reading of the weekend.
I delved into the newly published memoirs of Jeff Immelt, the former boss of General Electric (
Hot Seat
, Simon & Schuster, untranslated).
As a reminder, Jeff Immelt headed for sixteen years (2001-2017) one of the largest companies in the world.
He left her with a more than controversial record, the group having, during his tenure, gone through great difficulties and lost its status as an icon of American capitalism given to it by the immense star boss, Jack Welch, that the magazine "Fortune" had called the "manager of the century".
Jeff Immelt, the former boss of General Electric.
REUTERS / Brian Snyder
Jeff Immelt has not had it easy at the head of GE.
He took office the day before September 11, 2001, and went through the great financial crisis of 2008: two major shocks, one for the aeronautical activities of the conglomerate, the other for its financial activities.
The ex-CEO obviously defends his record, but certainly goes further
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