Jeffrey Immelt

Full Name: Jeffrey Robert Immelt
Profession: Chairman of General Electric

Nationality:

Biography: Jeffrey Robert Immelt is an American business executive known for his tenure as the Chairman and CEO of General Electric (GE) between 2001 and 2017. His leadership spanned a challenging period in GE's history, encompassing both the global financial crisis and significant shifts in global business trends.

Born in Cincinnati, Ohio, Immelt earned an A.B. in applied mathematics and economics from Dartmouth College and an M.B.A. from Harvard Business School. He began his career at GE in 1982 in GE's Plastics, Appliances, and Healthcare businesses and rose through the ranks over the years.

Immelt took over the helm of GE just four days before the September 11 attacks in 2001, a critical period for American industry. He steered the company through this tumultuous time, overseeing significant changes in its portfolio. Under his leadership, GE increased its industrial focus, investing in key areas like energy, technology, and services while divesting from GE Capital and NBC Universal.

His tenure was marked by a commitment to innovation, especially in clean energy and health technology. Immelt was instrumental in transforming GE into a digital industrial company, emphasizing the convergence of machine and intelligent analytics. This shift was seen as a response to the increasing importance of software and data analytics in industrial applications.

Despite these efforts, Immelt's tenure at GE was also marked by controversies and challenges. The company faced criticism over its financial performance, stock price decline, and handling of GE Capital, particularly during the 2008 financial crisis. In 2017, he stepped down as CEO and later as chairman, ending his 16-year tenure at the head of the company.

After leaving GE, Immelt took on roles as a venture partner at New Enterprise Associates, a global venture capital firm, and as a lecturer at Stanford University's Graduate School of Business.

Born: February 19, 1956
Birthplace: Cincinnati, Ohio, USA
Age: 68 years old

Generation: Baby Boomer
Chinese Zodiac: Monkey
Star Sign: Pisces