GE Chairman and Chief Executive Larry Culp, who joined the company just a year ago, will field questions from investors at a shareholder meeting
General Electric Co.’s board was once so cozy that it had to set a 15-year term limit to ensure directors didn’t stick around too long.
When investors gather Wednesday after two tumultuous years, they will elect an overhauled board with an average tenure of just 2.5 years. It is led by a pair of outsiders who joined just a year ago: Chairman and Chief Executive Larry Culp and the lead independent director, Thomas Horton.
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