By e-Bye GE....In June, the team at S&P Dow Jones Indices removed the industrial icon from the Dow Jones Industrial Average after over 110+ years. “General Electric was an original member of the DJIA in 1896 and a member continuously since 1907,” said Dave Blitzer, managing director and chairman of the index committee.“Since then the U.S. economy has changed: consumer, finance, health care and technology companies are more prominent today and the relative importance of industrial companies is less.” GE was replaced by Walgreens Boots Alliance.