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Jeffrey Immelt
Jeffrey Immelt Net Worth is $60 Million. Jeffrey Immelt Salary is $22 Million. What is Jeffrey Immelt's net worth? Jeffrey Immelt's net worth is $60 million dollars and annual salary of $22 million. Born in Cincinnati, Ohio, Jeffrey Immelt graduate. Jeffrey Robert "Jeff" Immelt...

Jeffrey Immelt Net Worth is $60 Million. Jeffrey Immelt Salary is $22 Million.

Jeffrey Immelt Net Worth is $60 Million. Jeffrey Immelt Salary is $22 Million. What is Jeffrey Immelt's net worth? Jeffrey Immelt's net worth is $60 million dollars and annual salary of $22 million. Born in Cincinnati, Ohio, Jeffrey Immelt graduate Jeffrey Robert "Jeff" Immelt is 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 by GE's Board of Directors in 2000 to replace Jack Welch following his retirement. Previously, Immelt had headed up GE's Medical Systems division as its President and CEO.
Immelt was born in Cincinnati, Ohio, the son of Donna Rosemary , a school teacher, and Joseph Francis Immelt, who managed the General Electric Aircraft Engines Division. Immelt attended Finneytown High School; he played football in college and was an offensive tackle. He holds an B.A. in Applied Mathematics from Dartmouth College where he currently serves on the board of trustees and 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 organiza...
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Jeffrey Immelt Latest News

Clock Ticks for French Workers as GE Confronts Bloated Legacy

Instead, French workers were shielded by guarantees offered by former Chief Executive Officer Jeffrey Immelt to clinch the $10 billion takeover. As he sought crucial French government backing for the deal, Immelt pledged to not only maintain existing ...
Posted: January 6, 2018, 4:11 am

GE's Nightmare Year: The Decline of an American Icon, in Charts

John Flannery, who replaced Jeffrey Immelt as chief executive officer in August, has vowed to reshape the portfolio and cut costs, setting up 2018 as a crucial test. While GE fell short of the broader market in many of Immelt’s 16 years at the helm ...
Posted: December 26, 2017, 6:30 am

What Last Year's Top Stock Pickers Are Buying In 2018

Our top conservative, income-oriented idea for 2018 is General Electric. While former chairman and CEO Jeffrey Immelt’s early years at the helm were full of promise, his 16-year tenure will be remembered for GE’s near-collapse in the 2008 financial crisis.
Posted: January 5, 2018, 9:42 am

General Electric Stock Plummeted 44.8% in 2017: Here's What You Should Do

By mid-year, several analysts had turned bearish on GE amid declining profits and cash flows. In August, John Flannery replaced the hated former CEO Jeff Immelt; but investors who thought the news would give the falling stock a much-needed break were in ...
Posted: January 15, 2018, 9:51 am

Despite the boardroom stench, GE still a buy — Malcolm Berko

Is he nuts? — JS, Moline, Ill. Dear JS: Last June, Jeff “Big Melt” Immelt, who took control of General Electric (GE-$18.47) from the iconic Jack Welch just before 9/11, announced he’d be stepping down as CEO. Good! He’s been replaced by John ...
Posted: January 12, 2018, 2:00 am
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