General electric ceo and chairman jeff immelt is set to retire after a 16-year tenure defined by attempts to shed assets and redefine the industrial giant. Ge said that jeff immelt would step down as its ceo, a move that had been expected by some company watchers he will be succeeded by the head of the. Jeffrey immelt, ceo since 2000, has pared down general electric to rely less on financial wizardry in its lending unit and more on physical products. General electric said monday that its longtime chief executive, jeffrey r immelt, would retire at the end of this year, closing out a 16-year run at the helm of the.
Startup battlefield techcrunch is our sources are also telling us that former general electric ceo jeff immelt is still being seriously considered. 3 reasons ge ceo jeff immelt isn't all that bad for investors the beleaguered ceo of general electric is taking hits over the company's 2016 performance. Jeff immelt ran ge for 16 years he radically transformed the company from a classic conglomerate that did everything to one that focused on its core industrial. Longtime general electric ceo jeffrey immelt announced he will step down this summer, as some investors put pressure on the company to cut costs.
Jeff immelt has joined new enterprise associates as a venture partner immelt recently retired from his role as chairman and ceo of ge after 16 years. General electric (getty images)the stock market won’t have jeff immelt to push around anymore the longtime ceo of general electric (ge) will be.
A culture that disdained bad news contributed to overoptimistic forecasts and botched strategies ge stock has almost halved since mr immelt resigned as ceo and the. With general electric ceo jeff immelt heading for the exits, one analyst would like to see an at&t-style breakup of the industrial giant. During his tenure in charge of general electric, former ceo jeff immelt would fly with two private jets when traveling.
Jeff immelt exits as ge chairman months earlier than planned jeff immelt, the ex-ceo of general electric, steps aside as chairman earlier than expected. General electric ceo john flannery is considering every cost-cutting measure for his company, putting scrutiny on his predecessor jeff immelt. Jeff immelt used to have an extra private plane fly behind his when he went on overseas trips the retired general electric ceo did this for the 16 years he was in.
This article first appeared on the harvard business review blog jeff immelt ran ge for 16 years he radically transformed the company from a classic conglomerate that. Jeff immelt, former ceo and chairman of ge, joins nea as venture partner.
Read our profile of jeff immelt, who moved ge to boston with a daring vision to revolutionize general electric and transform the boston's tech industry. Jeff immelt was the 9th chairman of ge and served as ceo for 16 years, transforming ge into a simpler, stronger, and more focused digital industrial company. In june, when jeff immelt resigned after 16 years as ceo of general electric (nyse:ge), the man who gave him the job, the conglomerate's legendary chief. 391 tweets • 51 photos/videos • 591k followers check out the latest tweets from jeff immelt (@jeffimmelt. This is not the first time immelt has tried to dive into the silicon valley scene since he stepped down as ceo of ge in august. Former ge ceo jeff immelt used to have an empty private plane fly next to his in case one had mechanical issues, the wall street journal reported.