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



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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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