ge investors gather to elect new board

GE Investors Gather to Elect New Board

Business

General Electric Co.’s board was once so cozy that it had to set a 15-year term limit to ensure directors didn’t stick around too long.

When investors gather Wednesday after two tumultuous years, they will elect an overhauled board with an average tenure of just 2.5 years. It is led by a pair of outsiders who joined just a year ago: Chairman and Chief Executive Larry Culp and the lead independent director, Thomas Horton.

GE…

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