GE wins U.S. antitrust approval for Baker Hughes deal
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June 14, 2017 8:12 AM EDT
GE (NYSE: GE) announced today that Russell Stokes, current president and CEO of GE Energy Connections, has been named president and CEO of GE Power, effective July 3, 2017. He succeeds Steve Bolze, the former president and CEO of GE Power, who has announced his decision to retire. In his new role, Mr. Stokes will lead the integration of the legacy GE Power and Energy Connections businesses into one, power-focused unit called GE Power.
Russell brings a strong combination of operational, industrial and energy experience to this role, and can now scale his... More
June 12, 2017 3:17 PM EDT
Baker Hughes Incorporated (NYSE: BHI) and General Electric Company (NYSE: GE) announced today that they have reached an agreement with the Department of Justice that would allow the parties to complete their proposed transaction under U.S. law. Todays... More
