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 Victoria.Stilwell@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Gen Electric (GE)
DateTimeHeadline
07/01/201503:00:04Airports Commission Backs Third Heathrow Runway
06/30/201519:32:00GE Union Members Vote ‘Yes’ on New Four-Year Contracts
06/30/201518:00:055 Things General Electric Company's Management Wants You to Know
06/30/201510:16:00GE Capital Provides $72 Million to Landmark Healthcare Facilities...
06/30/201508:10:05GE Sells European Private-Equity Finance Unit to Japan's SMBC
06/30/201506:30:00GE Agrees to Offer Terms for European Sponsor Finance Sale to...
06/30/201506:30:00GE Provides Update on Sale of Appliances
06/29/201522:40:15Japan's SMBC Nearing Deal for GE European Private-Equity Finance...
06/29/201513:13:14GE Strikes Multibillion-Dollar Deals to Sell Fleet Units--2nd...
06/29/201512:14:51Hungary Pays $700 Million for GE Capital's Local Arm
06/29/201505:30:05GE Strikes Multibillion-Dollar Deals to Sell Fleet Units
06/29/201504:59:31GE Strikes Multibillion-Dollar Deals to Sell Fleet Units--Update
06/29/201503:43:35GE to Sell Fleet Businesses in U.S., Australia and New Zealand
06/29/201502:26:00GE to Sell Majority of Global Fleet Business to Element Financial...
06/25/201513:39:45Annual Report of Employee Stock Plans (11-k)
06/25/201510:55:34Electrolux Working on Succession Plans
06/25/201501:29:10How Much the Best-Performing and Worst-Performing CEOs Got Paid
06/24/201516:40:00GE Announces Details of Proposed Labor Contracts
06/24/201508:00:00GE Capital Extends Multi-Year Financing Agreement for Schiller...
06/24/201506:00:06How Much the Best-Performing and Worst-Performing CEOs Got Paid

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 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad