General Electric Tells Analysts Ceo Immelt Won't Be Replaced

NEW YORK ( TheStreet) -- General Electric's investor relations executives are telling Wall Street analysts that CEO Jeff Immelt has no intention of leaving the company, despite a Barclays research report that the chairman and CEO could be out within a year. Barclays analyst Scott Davis wrote Monday that "most investors are ready for change at the top" of GE and that CFO Jeff Bornstein "may now be the front-runner for the next CEO post.

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