As for corporate governance, he continued, “As an up-and-coming leader in GE, you are not trained on corporate governance. When you go to Crotonville, you are trained to be a leader . . . but corporate governance—and Warren Buffett says this, you’ve seen it a hundred times—putting somebody in the CEO job when they haven’t trained [in] corporate governance tends not to go well. You’ve got to get CEO succession right. That’s the number one function in corporate governance—CEO succession. And top leadership succession. And I’m not saying that Jack got it all right. Maybe he
