IMPERIAL, PA.—General Electric Co. Chief Executive John Flannery told shareholders he was “keenly aware” of the pain caused by a dividend cut and the troubles of the past year, and said the best way to make amends was to “fix the business.”
GE shareholders gathered Wednesday at a company facility here and elected a smaller, revamped board after a difficult year at the industrial conglomerate. Several investors stood up to voice their concerns about the company’s direction and leadership. The share price has tumbled more than...