Jeffrey Immelt
Jeffrey 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...
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Everybody's frustrated on the stock price. I know I am.
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The indications we have from the European Commission lead us to think the offer won't be accepted,
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It starts with performance and integrity. We've been in most of our businesses for over 100 years and we have a very experienced leadership team, ... We've got the world's best audit staff. We've got a culture of integrity, and that's what investors have to respect.
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This will create a clearer line of sight on how our financial services businesses operate and enhance growth, ... Our external reporting will mirror this organizational structure, providing greater clarity for investors.
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We think we're on track for an excellent year in 2006.
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The reason for doing this is simple -- I want more direct contact with the financial services teams,
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We are right on plan for the year. Our growth initiatives are performing well, our fundamentals are solid, our orders are up, and we have a healthy cash flow stream.
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We remain prepared to deliver double-digit earnings growth in 2001, but most importantly we're excited about how well GE is positioned for the future,