Melius CEO Optimistic About 'Poorly Run' GE

The transcript discusses GE's current challenges and potential future under new leadership. It highlights the company's poor management in the past, leading to financial struggles and the need for significant restructuring. The discussion includes optimism about GE's future if it can address its issues, with a focus on cost-cutting and divestments. Flannery's leadership and board changes are seen as positive steps, but the company still faces challenges, including dealing with past mistakes like the Alston acquisition. The potential for dividend adjustments and the impact on investors are also considered.

What criticisms does the speaker have regarding Jeff Immelt's leadership?

What is the speaker's perspective on the future of GE's dividend?