Arnold Weinstock

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Arnold Weinstock, Baron Weinstock, Kt., OMRI, FSS (29 July 1924 – 23 July 2002) was an English industrialist and businessman known for making General Electric Company one of Britain's most profitable companies. The City (London) criticized Weinstock for his financial caution but after he retired as managing director in 1996, under his successor a series of ill-judged acquisitions led to catastrophic losses.^{[citation needed]}