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In 1997 a laconic Scottish accountant, George (now Lord) Simpson, succeeded Lord Weinstock.
ECONOMIST: Reinventing Marconi
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"The links beyond bone get quite speculative, " says Brown University dermatologist Martin Weinstock.
FORBES: Magazine Article
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Its metamorphosis began under former chief executive Lord Simpson, who took over from GEC's long-serving boss Lord Weinstock in 1996.
BBC: End of the line for Marconi shares
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"Like me, he believes the entire board and executive should be replaced, " a friend of Lord Weinstock is quoted as telling the Mail on Sunday.
BBC: Marconi braced for takeover bids
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He finished the meeting on a high, too, with victory on the late Lord Weinstock's Islington in the Group One Vodafone Nassau Stakes on the final day.
BBC: Kieren Fallon
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Lord Weinstock, who spent 33 years building up GEC, which was later renamed Marconi, and still boasts considerable influence at the firm is said to be "extremely angry" at the company's fall from grace.
BBC: Marconi braced for takeover bids
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But these plans can be costly and probably aren't your best option since the typical customer rarely overdrafts intentionally, says Susan Weinstock, director of Pew Charitable Trusts' Safe Checking in the Electronic Age Project.
WSJ: Say No to Overdraft Pitches