scarlet: go back to jeffrey immelt, is he going to put his imprint on this company?ay not have the chance. scarlet: the company wants him to do something, right? athena health brought him in for a reason. what will be his role? >> they talked about his management expertise when he came in. it was abouts -- separating the chairman and ceo roles and bringing stability to the management team. there have been five different cfos in the last couple of years . a degree of turnover that has happened at this company. -- that is not how you run an organization. julia: a shift in january when elliott management was distressed at the prospect of jeffrey immelt coming in here -- coming in. julia: thank you for that. dealg up, the nafta trade u.s.,ake or break week as canadian, mexican officials try to resolve an impasse in key areas of the deal. we will have the latest from new york. this is bloomberg. ♪ mom, dad, can we talk? sure. what's up, son? i can't be your it guy anymore. what? you guys have xfinity. you can do this. what's a good wifi password, mom? you still have to vi

you remember jeffrey immelt from ge, came over, became the chairman. going to put a president in place to do the day-to-day operations, and they still have not done that. that was obviously a concern for elliott. on top of that, there was a cost-cutting plan that was meant to be put in place. obviously, we are not quite seeing the results they would like to see at this point. because of that, they think may be best way forward is to pursue a sale or take private transaction. david: how much of the elliottment between elliott management and his company is about the direction, and how much is about the pace? they said you are not moving fast enough. there are other people who thought jeffrey immelt did not move fast enough at ge. >> i think that is the case. they said they had concerns about jeffrey amount being the person they brought in as chairman. what they need now is an operating german, they need to improve the operations. history at ge maybe points of the fact that he is not the guy to do it. they voiced those concerns. they also think they need