General Electric (NYSE:GE) CEO Steps Away From Fed

tdp2664
E money daily
General Electric (NYSE:GE) CEO has resigned from the board of directors of the New York Fed. General Electric (NYSE:GE) CEO Steps Away From Fed Jeff Immelt, the chief executive officer of General Electric (NYSE:GE), the American multinational conglomerate corporation incorporated in New York, who has been on the board of directors of the New York Federal Reserve since 2006, has resigned from the position. General Electric (NYSE:GE)'s CEO reasoned his resignation with his words, "increased demands on my time", in his letter to the president of NY's Fed. General Electric (NYSE:GE) stated his move aimed "to free up time to focus on other responsibilities". General Electric Co. (NYSE:GE) shares were at 20.45 at the end of the last day’s trading. There’s been a 1.2% movement in the stock price over the past 3 months. General Electric Co. (NYSE:GE) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.8 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.88 Zack’s Rank: 14 out of 27 in the industry