Jeffrey R. Immelt

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Jeffrey Robert Immelt

Born February 19, 1956 (1956-02-19) (age 52)
Cincinnati, Ohio
Occupation Chairman & CEO, General Electric
Salary US$3.30 million[1]
Predecessor Jack Welch
Successor (Incumbent)
Spouse Andrea

Jeffrey Robert Immelt (born February 19, 1956, Cincinnati, OH) is the current chairman of the board and chief executive officer of General Electric. He was selected by GE's Board of Directors in 2000 to replace John Francis Welch Jr. (Jack Welch) following his retirement. Previously, Immelt had headed up GE's Medical Systems division (now known as GE Healthcare) as its President and CEO.

He holds a B.A. in Applied Mathematics from Dartmouth College where he was President of his fraternity, Phi Delta Alpha, and an M.B.A. from Harvard Business School.He has been with GE since 1982 and is on the board of two non-profit organizations, one of which is the Robin Hood Foundation, a charitable organization which attempts to allieviate problems caused by poverty in New York City.

His tenure as Chairman and CEO started off on a low note - he took over the role on September 7, 2001 - just four days before the terrorist attacks on the United States, which killed two employees and cost GE's insurance business $600 million, as well as having an obvious direct effect on the company's Aircraft Engines sector.

According to documents filed with the Federal Elections Commission, Immelt lives with his wife Andrea in New Canaan, Connecticut.

Immelt was named to Time Magazine's Time 100 most influential people in the world in 2008. [2]

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[edit] Commencement Addresses

After becoming chairman of GE, Immelt delivered his first commencement address to the 2001 graduating class of the Thayer School of Engineering at Dartmouth College, of which he is an alumnus. In his speech, he emphasized the importance of future business opportunities with China and the Far East. He received an honorary Doctor of Laws from Dartmouth, in June of 2004.[3] In the years that followed, Immelt gave the commencement address at Northeastern University (2006), Pepperdine University on April 29, 2006, the Georgia Institute of Technology on May 5, 2007, the University of Notre Dame on May 20, 2007, and Worcester Polytechnic Institute on May 17, 2008, receiving honorary doctorates from all five as well.

Preceded by
Jack Welch
Chairman & CEO of General Electric
2001 – Current
Succeeded by
Incumbent

[edit] References

  1. ^ Jeffrey Immelt Profile - Forbes Retrieved on 1/10/08
  2. ^ http://www.time.com/time/time100/
  3. ^ Dartmouth Commencement 2004. Dartmouth News Releases. Retrieved on 2007-08-16.

[edit] See also

[edit] External links

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