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GE unexpectedly removes its CEO

GE unexpectedly removes its CEO

CNN Business - by Matt Egan

General Electric, mired in a deep slump, has ousted CEO John Flannery after barely a year on the job. Flannery was replaced on Monday by Larry Culp, a respected executive who becomes the first outsider to lead GE in the company's 126-year history. Culp, the former CEO of industrial manufacturing …

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