General Electric Company (NYSE: GE) ranked 31 on the Fortune 500 list for 2017, even as its stock price has sagged after a series of negative quarterly earnings. General Electric is one of America's most recognized brand with a market capitalization of $101.3 billion as of October 29, 2018. The company produces products ranging from toasters and clock radios to the GEnx jet engine for the Boeing 787.

In November 2017, GE announced plans for a broad restructuring and halved their quarterly dividend for 24 to 12 cents a share. That same month, GE layed off thousands of employees across all divisions of the country. The company's stock fell 3.5% following the announcement. On October 1, 2018, GE announced that H. Lawrence Culp would replace John Flannery as Chairman and CEO of the company effective immediately. Flannery was replaced in just about a year of serving in the position as mounting losses continued to pressure the company. This is the latest in a series of measures that GE has undertaken in order to boost its financials. 

On June 19, 2018, General Electric's more than 100-year run on the Dow Jones Industrial Average ended. The company was the last remaining original component of the Dow. General Electric released their Q3 2018 earnings on October 30, 2018. The multinational conglomerate reported $29.6 billion in revenues this quarter, roughly a 4% fall from $30.1 billion over the same period last year. 

Here are General Electric's top four individual shareholders.

Jeffrey R. Immelt

Jeffrey R. Immelt was the chairman of the board and former CEO of General Electric. Immelt joined GE in 1982 to work in corporate marketing. Under Immelt’s leadership, the company pushed back against Connecticut Governor Dannel P. Malloy and the state legislature in response to a proposal to increase business taxes. Immelt stepped down from his position on October 2, 2017 and is currently working as a venture partner at New Enterprise Associates. The former CEO remains the company's single-largest shareholder with 2.57 million shares of GE held directly and another 33,052 shares held indirectly through a 401(k) plan as of May 15, 2017.

John Flannery

John Flannery became the CEO of the company as Immelt stepped down only to be ousted a year later. Flannery had been with the company for over 25 years and previously served as Senior Vice President of GE and the President and CEO of GE Healthcare. As of September 11, 2018, Flannery owned 598,495 shares of GE directly and another 113,215 shares indirectly through a 401(k) plan. These numbers do not reflect any changes that may occur after his departure from the company.

John G. Rice

John G. Rice was the vice chairman of General Electric, leading the company’s global operations based in Hong Kong until his retirement in December 2017. Rice began his career at GE in 1978 and has since worked in the company's Singapore, Canada, and Hong Kong divisions. Per a September 9, 2017 filing with the SEC, Rice held 559,987 shares of GE directly and 38,394 indirectly through a 401(k) plan.

Elizabeth J. Comstock

Elizabeth J. Comstock served as Vice Chairman of GE Business Innovations at General Electric from April 2013 to December 31, 2017. Comstock was CEO of Business Innovations from 2015 to the end of 2017. Before that, she served as CEO and President of GE Business Innovations, as Chief Marketing Officer of GE, and also as Senior Vice President. While working as Chief Marketing Officer and Senior Vice President for GE Idea Works, Comstock led the GE-wide business platforms ecomagination and healthymagination. According to Comstock's most recent filing with the SEC, the former Vice Chairman holds 241,633 shares of the company directly and another 28,199 shares indirectly through a 401(k) plan.

Want to learn how to invest?

Get a free 10 week email series that will teach you how to start investing.

Delivered twice a week, straight to your inbox.