
Risk
New General Electric CIO Freezes Pension Fund
The new chief investment officer has been overseeing the underfunded plan for two weeks.
Noradeen Farlekas replaces MMBB’s outgoing chief and longtime employee, Candace Cox.
Fund to also connect startups with Fortune 500 clients.
Reflections on his first year, de-risking, and how IBM got to the enviable position of having a fully funded plan.
Dismisses High Court’s 2015 ruling that said Project Waltz breached contractual duty with employees.