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...
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,
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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.
growth quarter seen since
It's really the broadest growth we've seen since the first quarter of 2000,
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.
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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.
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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.
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.
achieved across despite earnings environment growth remain six volatile
Despite a volatile environment, our fundamentals remain very strong, as we achieved double-digit earnings growth across all six of our businesses.
despite environment remain volatile
Despite a volatile environment, our fundamentals remain very strong,
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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.
activity affirm current faith prospects step
It's appropriate to step up our current activity and affirm our faith in the long-term prospects of the company.
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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,
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.