GE shares soar as much as 16% after fallen blue chip dumps Flannery as CEO September 30, 2018 by quixnet GE shares soar as much as 16% after fallen blue chip dumps Flannery as CEOCNBC GE Ousts CEO John Flannery in Surprise Move After Missed TargetsWall Street Journal General Electric removes John Flannery as CEO, says it will take a $23 billion charge to its power businessBusiness Insider Full coverage