Jeffrey R. Immelt

From Wikipedia, the free encyclopedia

**Jeffrey R. Immelt**

Born:	February 19, 1956 Cincinnati, Ohio
Occupation:	Chief executive officer, GE
Salary:	US$3.40 million^[1]

Jeffrey R. 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 an 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.

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, Mr. Immelt has made several donations to the Republican Party and various committees of the party. According to the same documents, Mr. Immelt lives with his wife Andrea in New Canaan, Connecticut.

On March 15, 2005, it was announced that Immelt would be a commencement speaker at Northeastern University and that he would receive an honorary doctorate in Business Administration.

1 Trivia
2 References
3 See also
4 External links
- 4.1 Articles
- 4.2 Video

[edit] Trivia

Jeff Immelt shared an office with Steve Ballmer (Microsoft CEO), at Procter & Gamble (Cincinnati, OH) where both of them started their careers.

His father worked at GE Aircraft Engines division. He met his wife at the GE Plastics division - where both of them were working.

Had his football number retired at his alma mater Finneytown High School, Cincinnati, OH.

Immelt delivered the commencement address and received an honorary doctorate of laws on April 29, 2006 from Pepperdine University in Malibu, CA.

Immelt also delivered the commencement address and received an honorary doctorate of business on May 6, 2006 from Northeastern University in Boston, MA.

His first commencement address delivered after becoming chairman of GE was to the 2001 graduating class of the Thayer School of Engineering at Dartmouth College, of which he is an alumnus. In it, he emphasized the importance of future business opportunities with China and the Far East.