General Electric gets more 'candor' by spending time with businesses - CFO

 General Electric gets more candor by spending time with businesses - CFO

NEW YORK (Reuters) - General Electric Co is getting more "candor" from managers of its businesses by spending days - rather than hours as it previously did - on review meetings with each unit, Chief Financial Officer Jamie Miller said on Wednesday.

The longer reviews, which are held quarterly, are among the cultural changes under Larry Culp, who became CEO in October, Miller said at an conference organised by Deutsche Bank.

(Reporting by Alwyn Scott; Editing by Bill Trott)

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Updated Date: Jun 06, 2019 02:05:25 IST