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Nardelli resigns from operating roles at Cerberus

Robert Nardelli, the former head of Chrysler and Home Depot, has stepped down from his operating roles at Cerberus Capital Management LP, the private equity firm said this week.
Immelt

GE Stock Hot Again? Analyst Gives 5 Reasons to Buy

Still, there's plenty of reason investors might have continued holiday cheer for GE, and the job CEO Jeff Immelt is doing. After downgrading GE in January, Bernstein Research analyst Steven Winoker listed five reasons, according to Barrons, that shares could climb to $21 -- near a 52-week high.

HP, Apotheker Downfall: Indecisiveness

The problem for HP and doomed CEO Leo Apotheker runs much deeper than the obvious, including a sagging stock price, TouchPad tablet and WebOS failure, and a damaged brand image. The simple cultprit has been corporate indecisiveness, which has run amok throughout every problem the company has faced. That's why Apotheker is apparently out of a job and Meg Whitman, the former eBay CEO is in. But even that very move smacks of indecisiveness, since Apotheker has only been on the job for one year.
Immelt makes a speech during a "Jobs for America Summit" at the U.S. Chamber of Commerce in Washington

Jeff Immelt and the GE Way: 10 Years on the Job, Trying to Win Back Investors

In writing the only book so far on GE leader Jeff Immelt -- Jeff Immelt and the New GE Way -- it was evident the leader was marked from the start by two distinct things. One was quite obvious, that Immelt followed Jack Welch, a man hailed at the end of the 20th century as one of the greatest business leaders of that century.
Tim Cook - CEO

Apple Locks in New CEO Tim Cook Through 2021

Apple's board of directors has moved to lock in new CEO Tim Cook through mid-2021 by awarding him one million share of company stock. Cook is replacing long-time co-founder and CEO Steve Jobs, who announced his retirement last week. In connection with Mr. Cook's appointment as Chief Executive Officer, the Board awarded Mr. Cook 1,000,000 restricted stock units, Apple said in a filing with the Securities and Exchange Commission (SEC).
GE CEO Jeff Immelt

GE's Immelt Overcoming Welch's Legacy

GE chairman and CEO Jeff Immelt had big shoes to fill in following Jack Welch as the company's leader. He's faced stiff challenges, but he's reshaping the company and starting to win.
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GE sees best profit outlook in a decade, execs say

General Electric Co sees its best earnings growth prospects in a decade as the global economic recovery drives demand for the heavy energy and aviation equipment it makes, top executives said.
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GE CEO Immelt says global economy is improving

General Electric Co believes the global economy is continuing to improve and that rising oil prices have not yet taken a toll on growth, the largest U.S. conglomerate's chief executive said.
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GE to pay $50 mln to settle SEC fraud charges

General Electric Co will pay a $50 million civil penalty to settle charges by the U.S. Securities and Exchange Commission that it misled investors with some fraudulent accounting in 2002 and 2003.
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Former GE CEO Welch backs online university: report

Jack Welch, the former chief executive of General Electric Co, is buying a stake in an online university and will take an active role in planning curriculum, The Wall Street Journal reported on Sunday.
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BYD's all electric car and Warren Buffett on new Fortune issue

Amid a growing push for energy efficient vehicles, Fortune magazine has hit the stands this week with a cover showcasing magnate Warren Buffett and a much expected all-electric E6 car which will hit the Chinese market later this year from manufacturer BYD, a company in which Buffett has a considerable stake.

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