Person: Jeff Immelt

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

business

General Electric shares soar on deal

Shares of General Electric (GE) have surged more than 15% after the industrial conglomerate said it would sell its biopharma business to Danaher for $21.4bn (€18.9bn), its first major asset sale under new chief executive Larry Culp.

comment-analysis

Wal-mart: An unlikely voice for gay rights

business

General Electric tops profit forecasts

business

Chiefs earn more than companies’ tax bills

business

GE posts 80% rise in profits for Q1

business

Welsh gives up retirement perks after outcry

Former US company chief gives up some perks following public outcry

JACK WELCH, the former chief executive of General Electric, said yesterday he had given up free use of corporate jets, a sprawling New York apartment and other generous retirement benefits after facing withering criticism since they were revealed in his divorce.

Tue, 17 Sep, 2002

Welsh gives up retirement perks after outcry

JACK WELCH, former chief executive of General Electric Co, yesterday said he had given up free use of corporate jets, a sprawling New York apartment and other retirement benefits after facing criticism since they were revealed in his divorce.

Tue, 17 Sep, 2002