BARCELONA—General Electric hasn’t had the best year. The veteran multinational corporation’s stock prices plummeted into a “falling knife(Opens in a new window)” and recent financial hits have re-ignited talks of a breakup(Opens in a new window). Longtime CEO Jeffrey Immelt stepped down last year and was succeeded by John Flannery, who is tasked with righting the ship.
Flannery has cut jobs and costs as part of a broad turnaround effort, but one of his first major staffing moves was to promote Sue Siegel to the role of GE’s first-ever Chief Innovation Officer.
Siegel has spent