ADVFN - Advanced Financial Network.
HOME» NYSE » G » GE Stock Price » GE Stock News

Gen Electric Share News

 General Electric Stock Price
GE Stock Price
 General Electric Stock Chart
GE Stock Chart
 General Electric Stock News
GE Stock News
 General Electric Company Information
GE Company Information
 General Electric Stock Trades
GE Stock Trades

GE Energy CEO John Krenicki to Join Private-Equity Firm

By Victoria Stilwell General Electric Co.'s (GE) John Krenicki, chief executive of GE Energy, will join the private-equity firm Clayton, Dubilier & Rice LLC as a senior operating partner in January 2013. Mr. Krenicki, 50 years old, will join the firm's team of senior operating executives responsible for helping portfolio companies grow revenue, improve operating efficiency and build management teams. The team also evaluates new investment opportunities. Mr. Krenicki has led GE Energy since 2005, during which the segment doubled in size and profitability, and became GE's largest business. His responsibilities included supervision of GE's oil and gas, power and water, and energy management businesses. Mr. Krenicki has been with GE for 29 years and also has served as the company's CEO of plastics and of transportation systems as well as vice president of lighting-Americas and of superabrasives. "(Mr. Krenicki's) proven skills in operational efficiency, product innovation, international marketing, sales force effectiveness, geographic expansion, and talent management are a perfect fit with CD&R's value creation model that is based on helping businesses perform better," said the firm's Chief Executive Donald J. Gogel. Clayton, Dubilier & Rice has managed the investment of about $17 billion in 52 businesses since it was founded in 1978. The firm's professionals include a combination of financial and operating executives. The firm's operating partners are supported by senior advisers, who include John F. Welch, former CEO of General Electric. Shares of GE slipped 0.2% to $20.76 in recent premarket trade. The stock is up 16% in the last 12 months through Monday's close. Write to Victoria Stilwell at Subscribe to WSJ:

Stock News for Gen Electric (GE)
10/28/201603:02:00GE Pursues Major Deal In Oil Patch -- WSJ
10/27/201622:46:00General Electric Pursues Deal With Baker Hughes -- Update
10/27/201619:30:00General Electric in Talks to Buy Baker Hughes
10/27/201619:07:00General Electric in Talks to Buy Baker Hughes
10/27/201617:53:00GE parvient à un accord pour acquérir une participation à 75...
10/27/201610:29:00GE renforce son OPA pour Arcam AB
10/27/201610:00:00GE wertet Offerte für Arcam AB auf
10/27/201609:00:00GE’s Power Services Launches Fleet360* Services Platform, One Y...
10/27/201604:40:00After 3-D Printer Jam, GE to Buy Similar Model
10/27/201604:31:00After 3-D Printer Jam, GE to Buy Similar Model -- Update
10/27/201603:13:00General Electric to Acquire Germany's Concept Laser For $599...
10/27/201603:07:00General Electric to Acquire Germany's Concept Laser For $599...
10/27/201602:00:00GE Enhances Tender Offer for Arcam AB
10/27/201601:45:00GE Reaches Agreement to Acquire a 75% Stake in Concept Laser...
10/26/201618:09:00GEs Übernahmeangebot für SLM Solutions läuft aus
10/26/201617:31:00L’offre d’achat de GE pour SLM Solutions arrive à échéance
10/26/201615:51:00Look Ma, No Server: Corporate IT Expects 'Serverless' Computing...
10/26/201615:00:00GE Drops Bid to Acquire Germany's SLM Solutions Group
10/26/201614:15:00GE Drops Bid to Acquire Germany's SLM Solutions Group
10/26/201612:39:00GE Tender Offer for SLM Solutions Expires

Gen Electric and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations