David Rosenthal
speaker
40,888 appearances
64 recordings
4 series
first heard Aug 2022
last heard 14 Sep
David Rosenthal’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 12 in all, peaking in Oct 2025 with 3.
Appearances
We sure could use some of that operational excellence stuff around here.
podcast-host
I think that would really be good for the company.
podcast-host
GE is the consensus best place to look in America for management.
podcast-host
Yes.
podcast-host
So in November of 2000, Jack Welch announces that Jeffrey Immelt will be his successor to take over as GE's next CEO.
podcast-host
And Ben, as you were alluding to, the other two candidates for the GE job were James McNerney, who quickly leaves to become the CEO of 3M.
podcast-host
Yeah, we all know how that turned out.
podcast-host
And then the other candidate, Bob Nardelli, who Ken Langone, again, being on the GE board here, knows well and loves, loves Bob.
podcast-host
So immediately after the succession news comes out at GE, Ken calls up Nardelli and pulls out the same line that he used on Bernie 20 years earlier.
podcast-host
You've just been hitting the ass with a golden horseshoe.
podcast-host
Guess what we are going to do together now that you didn't get the GE CEO job.
podcast-host
I'm going to bring you into Home Depot.
podcast-host
So the board immediately pivots and offers Nardelli the president and COO job and says, you'll come in, you'll be here for a little while.
podcast-host
Arthur's going to retire.
podcast-host
You will be his appointed successor.
podcast-host
And so to incentivize Nardelli to take this job, they say, we'll make you whole on your GE stock options.
podcast-host
We're going to give you $150 million in
podcast-host
equity package to come join Home Depot.
podcast-host
Bob says, okay, great.
podcast-host
I clearly can't stay here at GE.
podcast-host
Showing 1241–1260 of 40,888 · page 63 of 2045
← Previous
Next →