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What Walmart's CEO succession reveals about the smartest time to exit [Yahoo! Finance]

General Electric Company (GE)  More Company Research Source: Yahoo! Finance
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
In November, Walmart named U.S. chief John Furner as its next CEO, crowning him the sixth leader in the history of the world's largest retailer. The decision also quietly closed the door on another highly regarded contender for the corner office: Kath McLay, Walmart International's CEO and a decade-long veteran of the company. On Thursday, Walmart disclosed that McLay would depart , staying on briefly to ensure a smooth transition. The sequence was swift, orderly, and entirely unsurprising to those who study corporate succession. Boards rarely say it out loud, but experienced executives understand intuitively that once a CEO is chosen, the long-term prospects for previously whispered-about internal candidates dim almost immediately as power consolidates around the new chief executive. That's why many of the most ambitious leaders in American business don't linger after a succession decision. They move deliberately, and often quickly, because the moment immediately after a board m [Read more]
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Stockreport

What Walmart's CEO succession reveals about the smartest time to exit [Yahoo! Finance]

General Electric Company  (GE) 
More Company Research Source: Yahoo! Finance
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
In November, Walmart named U.S. chief John Furner as its next CEO, crowning him the sixth leader in the history of the world's largest retailer. The decision also quietly closed the door on another highly regarded contender for the corner office: Kath McLay, Walmart International's CEO and a decade-long veteran of the company. On Thursday, Walmart disclosed that McLay would depart , staying on briefly to ensure a smooth transition. The sequence was swift, orderly, and entirely unsurprising to those who study corporate succession. Boards rarely say it out loud, but experienced executives understand intuitively that once a CEO is chosen, the long-term prospects for previously whispered-about internal candidates dim almost immediately as power consolidates around the new chief executive. That's why many of the most ambitious leaders in American business don't linger after a succession decision. They move deliberately, and often quickly, because the moment immediately after a board m [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GE
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS