GE CEO Speculation Puts Spotlight on Possible Immelt Successors
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About 15 years after General Electric Co. held a high-profile bake-off to determine the successor to then-Chief Executive Officer Jack Welch, speculation has begun over who could be next in line for the top post.
Possible candidates to succeed CEO Jeffrey Immelt come from across GE and include Steve Bolze, head of the power and water unit; Lorenzo Simonelli, the oil and gas CEO; and Vice Chairman John Rice, analysts said in interviews. Shannon O’Callaghan of UBS AG and William Blair & Co.’s Nicholas Heymann were among analysts who discussed potential successors.