How GE's Larry Culp split the empire Jack Welch built - NewsBreak
By Ulises in Business
Updated 2 years ago
Nov 10 (Reuters) - It was the break-up that eluded a generation of General Electric Co (GE.N) insiders. When Larry Culp, the first GE chief executive not to rise from within its ranks, convened a board meeting earlier this month to greenlight the split of the industrial conglomerate into three companies, he secured its backing.