What does GE’s exit from the Dow index mean?
Corporations ought to reboot once every decade, and GE is now rebooting its operating system 2.0. That was overdue
General Electric Co. (GE), founded by Thomas Edison, was part of the select group of companies that was part of the Dow Jones Industrial Average when it was launched in 1896. It has been part of that blue-chip 30-company index since 1907, the only company to survive there for more than a century. The history of GE is in many ways an important lens to America’s business history.