GE CEO seeks to shift power away from Boston HQ to business units


General Electric Co. CEO John Flannery has big changes in mind for the way the company operates, including shifting more of GE’s decision-making responsibility from its Boston headquarters to individual business units, he said Friday.

Flannery outlined his vision for a new operational system for GE (NYSE: GE) during its first-quarter earnings call. GE’s earnings topped estimates, sending its share price up by 4.65 percent Friday and giving the company a jolt of good news in a year that has been…

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