GE to appoint John Flannery as its Chief Executive

This appointment is effective from August 1. With General Electric’s Chief Executive, Jeff Immelt, 61, retiring the company has selected John Flannery, who currently heads GE’s healthcare unit, as his replacement. Flannery will become GE’s CEO and chairman from August 1. With the news hitting the market, the company’s shares rose by 3.6% in premarket…

Cisco’s CEO joins BlackRock’s board

The move underscores BlackRock’s drive towards technologically backed investment decisions. The world’s largest asset manager, BlackRock Inc, has disclosed that Chuck Robbins, Cisco Systems Inc’s Chief Executive has been nominated to serve on its board of directors. In its statement BlackRock disclosed that Robbins will be joining the board as an independent director, if elected…