Trian’s Ed Garden joins GE’s board at the behest of new chairman and CEO John Flannery, in the latest executive move at the industrial product business.
John Flannery, GE
An activist investor representative has joined the board of GE, as new chairman and CEO John Flannery (pictured) drives more boardroom change at the industrial products giant.
Ed Garden, chief investment officer and founding partner of Trian Fund Management, replaces long-serving Robert Lane on GE’s board.
Trian reportedly holds some 1% of GE stock, and is known for getting involved in looking to influence the strategic direction of the companies it invests in. Shareholders in Procter & Gamble are set to find out imminently as to whether they have elected Trian CEO Nelson Peltz onto its board.
Flannery’s move to appoint Garde
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