News
GE to split $50-bn energy biz into three separate units
zeenews.india.com
[Zee News] - According to the statement, GE Power and Water -- headed by Senior Vice President and Power and Water CEO Steve Bolze -- would be headquartered in the US. This segment would have around employees and expected revenues of USD 28 billion
Google News: GE to RESTRUCTURE into 3 and 4 Hot Stocks Rounding Out the ...
[Wall St. Cheat Sheet] - The new firms will report directly to Jeff Immelt, General Electric CEO and Chairman, and Steve Bolze, Senior Vice President and CEO of Power and Water. They will provide, full, life cycle solutions for power generation customers, as well as renewable
GE breaks up energy arm, Krenicki to leave company
in.reuters.com
[Reuters] - GE will split its energy arm, which had become its largest industrial unit with about $50 billion in projected revenue, into three separate pieces: GE Power and Water, headed by Steve Bolze; GE Oil and Gas, under Dan Heintzelman, and GE Energy
GE Energy Shake-Up to Groom Executives
stream.wsj.com
[Wall Street Journal] - In the shift, GE will establish three standalone businesses: Power and Water, GE's biggest with $28 billion in revenue, run by Steve Bolze; Oil & Gas, run by Dan Heintzelman; and Energy Management, the smallest with $7 billion in revenue, run by Dan Janki.
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