“If CEOs were baseball players then John Flannery’s successor, Larry Culp, is a bona fide all-star. Between 2000 and 2014 he presided over a quintupling of revenue and market value at Danaher , DHR -0.30%▲ leaving it a vastly different company through a bold series of transactions. Jeff Immelt, who overlapped as GE’s boss during 13 of those years, is more akin to a high draft pick who dragged his team into the basement. Mr. Flannery would be a sad footnote—a stalwart brought up from the same farm system who struggled during his brief shot in the majors.”


