How do I contact Jeff Immelt?
How do I contact Jeff Immelt?
Jeff Immelt Email Address @gecapital.com. @nea.com. @corporate.ge.com.
Is Jeff Immelt Republican?
Republican Party
Jeff Immelt/Parties
Why did Jeff Immelt fail?
Immelt paid too much for some acquisitions and didn’t get enough for some divestitures. Rather than rein in G.E. Capital, he let it spin out of control. And critics contend he was set in his ways, misguided in his big bets and unable to adapt to changing market conditions. Either way, the results were disastrous.
Who took over GE after Jack Welch?
Immelt
In 2001, Immelt, who had previously held executive positions at GE for 19 years, was picked to succeed Jack Welch, one of the most famous CEOs in U.S. history. Under Welch, GE’s market value soared from $14 billion to more than $410 billion. Immelt’s run wasn’t so fruitful. He took the helm on Sept.
What happened to GE when Immelt was CEO?
Employment had dropped from 315,000 in 2002 to 307,000 in 2013. During Immelt’s tenure as CEO, shares of GE dropped 30%, while the S&P 500 rose by 134%. GE restated its earnings in 2005 and agreed to pay the SEC $50 million to settle allegations of accounting fraud in 2009.
Why did Immelt have an empty private jet?
Immelt had an empty private jet following his own private jet, in case there were delays with his primary jet. Immelt’s compensation has fluctuated significantly. As CEO of General Electric in 2007, Immelt earned a total compensation of $14,209,267. In 2008, he earned a total compensation of $5,717,469.
Where did immimmelt go to college?
Immelt attended Finneytown High School; he played football in college and was an offensive tackle. He earned an A.B. in Applied Mathematics and Economics cum laude from Dartmouth College in 1978.
How does Immelt’s strategy compare to Jack Welch’s?
Immelt’s predecessor, Jack Welch, preferred organic growth. In contrast, Immelt participated actively in mergers and acquisitions, purchasing Amersham PLC for $9.5 billion in 2004 and Alstom’s power business for approximately €12.4 billion in 2015.
