In the Margins

GE announces board overhaul

March 6, 2018

By The Washington Post

General Electric has announced an overhaul to its board that includes the departure of eight directors, the nomination of three new members, and an eventual change next year in its independent lead director. If GE shareholders approve the nominees, the industrial giant will have just 12 directors—far closer to the average size board and 33% smaller than the 18-member board it had a year ago. Read the original story from The Washington Post.

 

 

Most Read

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...

Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement

The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...