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GE's Jeffrey Immelt Stepping Down
ResumeGeneral Electric announced Monday that its longtime CEO and chairman is stepping down. Jeffrey Immelt will retire and be replaced by GE Healthcare president and chief executive John Flannery.
Here & Now's Jeremy Hobson speaks with CBS News' Jill Schlesinger (@jillonmoney), host of "Jill on Money" and the podcast "Better Off," about what the move means for GE.
This segment aired on June 12, 2017.