How the GE Board Tried Fixing a Conglomerate That Couldn't Be Fixed

Episode 14 takes you inside one of the most dramatic boardroom sagas in modern business history: General Electric's collapse and attempted turnaround. We focus on the period from 2017 to 2024, when GE's board brought in three different CEOs, sold off major divisions, and eventually broke the company into three separate firms. Lucas breaks down why the board kept making the same mistake — betting that a single leader could fix a structure that was fundamentally broken. Luna challenges whether the board itself was the problem or just a symptom. Specific numbers: GE's market cap fell from over $600 billion in 2000 to under $100 billion by 2020. Key figures: John Flannery, Larry Culp, and the board's own governance changes along the way. This is a case study in what happens when a board tries to rescue a conglomerate that has outlived its own logic. #GeneralElectric #GEBoard #CorporateGovernance #ConglomerateBreakup #LarryCulp #JohnFlannery #BoardroomTurnaround #BusinessStrategy #InvestorActivism #TrianPartners #NelsonPeltz #IndustrialConglomerate #BoardDiversity #CEOSelection #GovernanceFailure #BusinessPodcast #BoardroomConversations #FexingoBusiness Keep every episode free: buymeacoffee.com/fexingo