The Legacy of GE's Controversial CEO

This chapter examines the transformative tenure of a former CEO of General Electric, focusing on the drastic changes in the company's identity and stock performance. It highlights the societal ramifications of his leadership style, including mass layoffs and a shift towards a financialized model, while considering the complexities of his legacy amidst contemporary corporate practices. Through personal anecdotes and public reflections, the discussion reveals the duality of admiration and criticism surrounding the impact of his decisions on GE and the broader economy.