Jeff Immelt
Jeff Immelt
Jeffrey Robert "Jeff" Immeltis an American business executive. He is currently the chairman of the board and chief executive officer of the U.S.-based conglomerate General Electric. He was selected as GE's CEO by their Board of Directors in 2000 to replace Jack Welch upon Welch's retirement from GE. Previously, Immelt had headed up GE's Medical Systems divisionas its President and CEO...
asked board bonus cash committee fact incentive pay performance shares
I am so confident, in fact that I have asked the Compensation Committee of our board to pay my cash incentive bonus in GE performance shares for 2005.
asia continued developing growth mid slow strong
We see continued strong growth in Asia and developing markets, mid single-digit growth in the Americas, and slow growth in Europe.
commitment confident deliver despite earnings estimated guidance insurance losses quarter solutions storm third
We have estimated the losses at GE Insurance Solutions from the storm and its aftermath, and despite this impact, we are confident we will deliver on our commitment to shareholders and are reaffirming our earnings guidance for the third quarter and the year.
appliances approaches customers enable lighting pointed provide supporting
This reorganization will enable Lighting and Appliances to provide more cost-effective and pointed approaches to supporting all of our customers needs,
appliances approaches customers enable lighting pointed provide supporting
This reorganization will enable Lighting and Appliances to provide more cost-effective and pointed approaches to supporting all of our customers needs,
commodity equity fit hate low manage message responsibility return
ERC doesn't really fit the GE that I want to have, ... The return on equity is too low and there's too many commodity segments. I hate having to give this message to you, but my responsibility to you is to manage it, and that's what I'm doing.
access advance against biggest fight powerful single states throughout tool united united-states women
This is the single biggest advance in mammography in 30 years, and women throughout the United States now have access to a powerful new tool in the fight against breast cancer,
businesses created double earnings executing favorable generate growing growth half nine power second shipments strength systems turning year
The year is turning out as planned, ... As expected, the ramp-down of our turbine shipments in the first half created earnings pressure. However, we are executing with broad-based strength to generate significant growth in the second half. We see nine of 13 businesses growing in double digits and more favorable comparisons in power systems and insurance.
double economic growth slow
We really don't see a double dip, just slow economic growth,
committed difficult exploring few includes industry past running strategic time
Reinsurance is an industry that has had a difficult time over the past few years, and we're disappointed in our results, ... We are committed to running ERC effectively for our investors. This includes profitability and exploring strategic options.
china great management team tried
We've tried for a long time. We've got a great management team in Louisville. But all that manufacturing's going to be in China and Mexico,
fit insurance solutions strategic tough
Insurance Solutions has been a tough strategic fit for GE,
cycle nbc starting
I think NBC is starting to turn. It's just a cycle we're going through.
across appliances believe brand building business consumer create efficient either greater grow investing lighting money powerful product similar taking together
Because appliances and lighting have powerful connections with similar consumer bases, we believe they will now be able to grow more successfully together than either would on its own, ... We want to create a simpler, more efficient business that will be competitive across all product lines. By taking out administrative costs, we will be able to put that money back into investing in new technologies and building greater brand awareness.