) as its new chief financial officer in the latest top-level change aimed at turning around the U.S. industrial conglomerate.
Carolina Dybeck Happe will start in early 2020 and replaces Jamie Miller, whose departure was announced earlier this year as new Chief Executive Officer Larry Culp seeks to simplify operations and generate cash after booking billions of dollars in losses. GE’s aviation business has also come under pressure from the worldwide grounding of Boeing’s 737 MAX, for which it makes engines.
“The extent of the changes which are underway at the managerial and board level over the past 12-18 months bode well for a possible turnaround in the company’s culture, and eventually, in the operations,” Barclays analysts said in a note.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GE Taps an Outsider From Maersk for Its New Finance ChiefGE said it hired Maersk CFO Carolina Dybeck Happe as its next chief financial officer, tapping another outsider to help the American conglomerate turn around its operations. Not much of a sense of urgency down there at GE. GE Label looks like Chinese Character 🐲，especially in Italic Written，龍
Source: WSJ - 🏆 98. / 63 Read more »
GE brings in shipper Maersk's CFO as finance headGeneral Electric Co has named Carolina Dybeck Happe, currently finance chief at ...
Source: Reuters - 🏆 2. / 97 Read more »
GE brings in shipper Maersk's CFO as finance headGeneral Electric Co has named Carolina Dybeck Happe, currently finance chief at ...
Source: Reuters - 🏆 2. / 97 Read more »
GE Taps an Outsider From Maersk for Its New Finance ChiefGE said it hired Maersk CFO Carolina Dybeck Happe as its next chief financial officer, tapping another outsider to help the American conglomerate turn around its operations. Not much of a sense of urgency down there at GE. GE Label looks like Chinese Character 🐲，especially in Italic Written，龍
Source: WSJ - 🏆 98. / 63 Read more »