Jim Cramer on Arconic's New CEO: He Did 'Quite Well' at General Electric

Arconic named former General Electric executive Charles Blankenship as CEO.
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Arconic (ARNC) - Get Report named former General Electric (GE) - Get Report executive Charles Blankenship as CEO on Monday.

TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said Blankenship performed "quite well" at General Electric. "It's a win for Arconic on top of a loss about earnings," Cramer said. 

Arconic is a holding of Action Alerts PLUS. 

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