General Electric Company (NYSE: GE) ranked 31 on the Fortune 500 list for 2017. General Electric has a market capitalization of $115.4 billion (as of July 20, 2018), and is one of America’s most familiar brands. The company produces products ranging from toasters and clock radios to the GEnx jet engine for the Boeing 787.

In November 2017, GE announced a broad restructuring and halved their quarterly dividend for 24 to 12 cents a share. It's the first big move from new CEO John Flannery. GE also announced thousands of layoffs across all divisions of the country. After that announcement, the company's stock fell 3.5%. 

Just two months later, the company took a $6.2 billion charge after reviewing a legacy insurance portfolio. This blow from a business long left behind added to the woes of the stock. Flannery trying to turnaround the company's fortunes and one such move in that direction is offloading GE's non-core businesses. On May 21, 2018 Wabtech Corporation (WAB) and GE Transportation announced a merger in a $11.1 billion deal.

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 Q2 2018 earnings on July 20, showing $30.1 billion in revenue, up 3% from last year. The company, however, is struggling profit-wise in GE Power, their largest division by revenue, as profits plunged 58% this quarter.

Here are GE's top individual shareholders. 

1. Jeffrey R. Immelt

Jeffrey R. Immelt was the chairman of the board and former CEO of General Electric. He 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. As of December 31, 2017 Immelt held 2.6 million shares of GE with an option to acquire another 1.1 million. Immelt stepped down from his position on October 2, 2017.

2. John Flannery

John Flannery became the CEO of the company as Immelt stepped down. He has 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 December 2017, Flannery owned a little over 683,000 shares and 2.09 million in stock options.

3. John G. Rice

John G. Rice is vice chairman of General Electric, leading the company’s global operations based in Hong Kong. He began his career at GE in 1978. Since that time, Rice worked in Singapore and Canada, before moving to Hong Kong. As of the December 2017 SEC filing, Rice held 601,503 shares of GE and 5.69 million in stock options. 

 4. Elizabeth J. Comstock

Elizabeth J. Comstock served as Vice Chairman of GE Business Innovations at General Electric from April 2013 to December 31, 2017. She was CEO of Business Innovations from 2015 to the end of 2017. Before that, she was CEO and President of GE Business Innovations through September 2015. Comstock was previously Chief Marketing Officer of the company, beginning in 20018, and was also Senior Vice President. She was Chief Marketing Officer and Senior Vice President of GE Idea Works and led the GE-wide business platforms ecomagination and healthymagination. As of December 2017, she held 271,099 shares of GE and 2.62 million in stock options.

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