Tech: Executive shake-up at GE

General Electric CEO John Flannery “is moving quickly to make his mark on the company,” said Ed Crooks and Mamta Badkar in the Financial Times. Flannery, who took over in August from longtime chief executive Jeff Immelt, last week replaced three top executives and signaled “a focus on cost reduction.” Chief financial officer Jeff Bornstein, head of business innovation Beth Comstock, and head of global growth John Rice will all leave before the end of the year; Bornstein and Comstock “had been seen as potential successors” to Immelt.