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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

General Electric Co. to Pay $15B for Past Mistakes Amid Breakup Speculation

In a Tuesday conference call, Flannery told analysts that there has been an ongoing review of about how to wring the most value from GE's disparate businesses since he succeeded Jeffrey Immelt as the company's CEO five months ago. "All options on the table ...
Posted: January 17, 2018, 4:28 pm

Breakingviews - GE’s legacy losses reinforce case for breakup

Jeff Immelt, who took over from Welch and recently handed the torch to Flannery, pruned the financial-services arm aggressively after the 2008-09 financial crisis. GE sold or spun off its reinsurance operations between 2004 and 2006 but remained on the ...
Posted: January 16, 2018, 2:22 pm

GE weighs a breakup of iconic U.S. conglomerate amid insurance problem

Shares of the Boston-based company (GE) were down 3.6% to $18.08 in afternoon trading. Flannery, who was named as former CEO Jeff Immelt's successor in June and quickly announced a broad corporate refocusing, said that everything is "on the table" "We are ...
Posted: January 16, 2018, 12:04 pm

GE’s $6.2 Billion Stumble Has CEO Talking Again of a Breakup

GE had staged a modest rebound this year through Jan. 12, with a 7.5 percent advance. Since taking over for Jeffrey Immelt, Flannery has cut costs and overhauled management as part of a broader turnaround. His efforts failed to halt a slide in GE’s ...
Posted: January 17, 2018, 12:57 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
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