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Jeff Immelt Oversaw the Downfall of G.E. Now He’d Like You to Read His Book.


At the same time, Mr. Immelt writes, Mr. Bolze engaged in “unyielding politicking” and launched an overt campaign to replace Mr. Immelt as C.E.O., while abandoning his day-to-day operational duties. “His main concern seemed to be self-promotion,” Mr. Immelt writes, and “his behavior had become self-serving to the point of outrageous.” Not firing Mr. Bolze, Mr. Immelt writes, was “a terrible mistake, maybe the worst I ever made.”(“Many clearly have different perspectives on this chapter in G.E.’s history,” Mr. Bolze, now an executive at Blackstone, said in a statement. “Jeff’s narrative simply doesn’t …

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