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...
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,
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.
appliances businesses combine efforts extend global goal leadership lighting position rich talents teams unified
The Lighting and Appliances teams are to be commended for their outstanding efforts in navigating very competitive global industries, ... Our goal now is to combine the rich talents of these two businesses into a unified effort that will extend our leadership position and profitability.
hours
There are 24 hours in a day, and you can use all of them.
environment execution fourth growth slow solid
We think we'll have solid execution in a slow growth environment in the fourth quarter,
achieve confident earnings growth percent remain share
We also remain confident that we will achieve 10 to 15 percent earnings per share growth in 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.
economy less view
We view the economy more or less the same as 2005.
appliances states united
We can't make appliances in the United States and make money,
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.
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.