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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

Wrong on GE, market-beating value investor Bill Nygren says he is sticking by tanking blue chip

We think with a fresh look GE deserves to be in the portfolio." John Flannery succeeded Jeff Immelt as General Electric's CEO in August. Nygren said his fund owns more shares of General Electric after some buying and selling, but it is a smaller percentage ...
Posted: January 19, 2018, 3:18 am

GE CEO renews pledge to study breakup after $6.2 billion stumble

The CEO, who took over for Jeffrey Immelt in August, is cutting costs and selling assets after GE posted last year's biggest drop on the Dow Jones Industrial Average. While Flannery vowed last year to consider all options for GE, he emphasized a plan in ...
Posted: January 18, 2018, 8:12 am

GE’s chief executive opens the door to breaking up the company

Jeff Immelt, to cut costs and shrink and simplify GE’s sprawling corporate shape. Just in November, Flannery had announced a reorganization around three main industries — health care, aviation, and power — that also involved divesting $20 billion ...
Posted: January 16, 2018, 5:28 pm

GE CEO feud: Welch vs. Immelt

In June, when Jeff Immelt resigned after 16 years as CEO of General Electric (GE), the man who gave him the job, the conglomerate's legendary chief, Jack Welch, publicly offered nothing but praise. In a short statement released to the business network CNBC ...
Posted: January 10, 2018, 12:31 pm

GE's $31 billion pension nightmare

John Flannery, the man hired to fix General Electric, inherited a $31 billion ticking time bomb when he replaced longtime CEO Jeff Immelt last year. Like other companies, GE (GE) has accumulated a significantly underfunded pension. But like most things ...
Posted: January 18, 2018, 2:18 am
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