To be a successful equity fund manager you need a healthy combination of luck and skill in stock/sector selection. To be a CEO of a blue chip company, you need a similar skill set when setting the strategic direction of the company. Unfortunately, General Electric Company (NYSE:GE) CEO Jeff Immelt hasn't had much luck with end markets, and it's arguably only in the latter quarter of his tenure that his skill has shone through. Let's take a look at the difficulties during his tenure and how he's put the company in great shape now
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