Jeff Immelt

Latest articles

1d
Zero Hedge
December 13Co recently conducted an internal review into the flying of a spare business je
Zero Hedge / Posted yesterday
Co recently conducted an internal review into the flying of a spare business jet to accompany former Chief Executive Jeff Immelt, as it seeks to understand an unusual practice that went on for years and surprised investors when they learned... Read more
4 related articles
1d
Fortune
GE Wants to Know Why Former CEO Jeff Immelt Traveled the World With a Spare JetGE(ge) recently conducted an internal review to understand why a spare business
Fortune / Posted yesterday
GE(ge) recently conducted an internal review to understand why a spare business jet accompanied former Chief Executive Jeff Immelt on his travels, and why no one on the board knew anything about it. According to a Wall Street Journal report, GE’s... Read more
1d
Zero Hedge
GE Is Trying To Figure Out Who Knew About Immelt's "Chase Plane"broke one of the most memorable news stories of the year over the summer when i
Zero Hedge / Posted yesterday
broke one of the most memorable news stories of the year over the summer when it reported that former General Electric CEO Jeff Immelt – who bowed out in June amid intensifying pressure to revitalize the company’s long-suffering share price – would... Read more
6d
Fortune
GE Is Laying Off 12,000 People From Its Power Businessbut this plan will position us for 2019 and beyond.” In August, John Flannery
Fortune / Posted 6 days ago
but this plan will position us for 2019 and beyond.” In August, John Flannery became GE’s CEO, replacing former CEO Jeff Immelt, Under Flannery, GE has been eliminating many of the company’s perks like its private jets for executives and a... Read more
6 related articles
7d
BBC News
General Electric to shed 12,000 jobsis part of a restructuring by new GE chief executive John Flannery, who took ov
BBC News / Posted 7 days ago
is part of a restructuring by new GE chief executive John Flannery, who took over in August from his veteran predecessor Jeff Immelt. "Traditional power markets including gas and coal have softened," the company said. In October, GE slashed its... Read more
5 related articles
7d
BBC News
General Electric slashes profit guidancewarmed to a pledge by Mr Flannery to do what it takes to turn around the firm.
BBC News / Posted 7 days ago
warmed to a pledge by Mr Flannery to do what it takes to turn around the firm. Mr Flannery, who took over from GE veteran Jeff Immelt, said on Friday that investors could expect "sweeping change" from his review of the businesses, and that the... Read more
7d
BBC News
General Electric's Jeff Immelt to retireGeneral Electric chief executive Jeff Immelt to retire - BBC News Accessibilit
BBC News / Posted 7 days ago
General Electric chief executive Jeff Immelt to retire - BBC News Accessibility links BBC navigation Family & Education Entertainment & Arts Video & Audio Paradise Papers Reality Check Special Reports The Reporters Have Your Say General... Read more
7d
Zero Hedge
GE Slashes 12,000 Jobs In Troubled Global Power Businessalready scaled back use of corporate jets and delayed work on a new Boston head
Zero Hedge / Posted 7 days ago
already scaled back use of corporate jets and delayed work on a new Boston headquarters since taking over from longtime CEO Jeff Immelt back in August. GE, the world’s largest maker of gas turbines, said last month it would pare the quarterly... Read more
6 related articles
9d
Stamford Advocate
GE lays off digital innovation team members in Norwalkregulators of its intent to cut 150 jobs in San Ramon starting in January. Aft
Stamford Advocate / Posted 9 days ago
regulators of its intent to cut 150 jobs in San Ramon starting in January. After its formation under former GE CEO Jeff Immelt, GE Digital was run initially by Beth Comstock of Westport. She is one of three vice chairmen stepping down at... Read more
9d
Connecticut Post
GE lays off digital innovation team members in Norwalkregulators of its intent to cut 150 jobs in San Ramon starting in January. Aft
Connecticut Post / Posted 9 days ago
regulators of its intent to cut 150 jobs in San Ramon starting in January. After its formation under former GE CEO Jeff Immelt, GE Digital was run initially by Beth Comstock of Westport. She is one of three vice chairmen stepping down at... Read more
11d
The Columbian
Berko: What’s wrong with General Electriclearn that Jack Welch was a clown and his successes were market-driven rather t
The Columbian / Posted 11 days ago
learn that Jack Welch was a clown and his successes were market-driven rather than management-driven. Then we may lean that Jeff Immelt was Welch’s brainless sycophant and that his inauspicious tenure allowed GE to slowly implode. As I alluded to... Read more
15d
FOX Business
From Ackman to Peltz, why activist investors may become even more influentialtoward the end of November. A conclusion has not yet been reached. Peltz also
FOX Business / Posted 15 days ago
toward the end of November. A conclusion has not yet been reached. Peltz also put pressure on General Electric's (NYSE:GE) Jeff Immelt to step down from his role as CEO this year, after the company missed key performance benchmarks. Meanwhile,... Read more
16d
The Middletown Press
Dan Haar: GE’s digital retreat means it might have stayed in Fairfieldnot, but it’s one way to think about how deeply Flannery — raised in West Hartf
The Middletown Press / Posted 16 days ago
not, but it’s one way to think about how deeply Flannery — raised in West Hartford — deplores the pretension and overreach Jeff Immelt showed as CEO for 16 years. Look past Flannery’s halving of the dividend, grounding of the corporate jet fleet... Read more
3 related articles
16d
Darien News-Review
Dan Haar: GE’s digital retreat means it might have stayed in Fairfieldnot, but it’s one way to think about how deeply Flannery — raised in West Hartf
Darien News-Review / Posted 16 days ago
not, but it’s one way to think about how deeply Flannery — raised in West Hartford — deplores the pretension and overreach Jeff Immelt showed as CEO for 16 years. Look past Flannery’s halving of the dividend, grounding of the corporate jet fleet... Read more
3 related articles
16d
Stamford Advocate
Dan Haar: GE’s digital retreat means it might have stayed in Fairfieldbut it’s one way to think about how deeply Flannery — raised in West Hartford —
Stamford Advocate / Posted 16 days ago
but it’s one way to think about how deeply Flannery — raised in West Hartford — deplores the pretension and overreach that Jeff Immelt showed as CEO for 16 years. Look past Flannery’s halving of the dividend, grounding of the corporate jet fleet... Read more
3 related articles
16d
Connecticut Post
Dan Haar: GE’s digital retreat means it might have stayed in Fairfieldbut it’s one way to think about how deeply Flannery — raised in West Hartford —
Connecticut Post / Posted 16 days ago
but it’s one way to think about how deeply Flannery — raised in West Hartford — deplores the pretension and overreach that Jeff Immelt showed as CEO for 16 years. Look past Flannery’s halving of the dividend, grounding of the corporate jet fleet... Read more
3 related articles
22d
Channel NewsAsia
Why we should all feel sorry for corporate leadersgate of the large pharmaceutical companies, ready to disrupt the drugs market.
Channel NewsAsia / Posted 22 days ago
gate of the large pharmaceutical companies, ready to disrupt the drugs market. As chief executive of General Electric, Jeff Immelt, by contrast, took on the full burden of more than a century of others’ investment. He is now earning opprobrium... Read more
24d
News 8000
How decades of bad decisions broke GEare startling because they happened not just at an icon of American business bu
News 8000 / Posted 24 days ago
are startling because they happened not just at an icon of American business but under two legendary CEOs, Jack Welch and Jeff Immelt. For GE's 300,000 employees and millions of shareholders, the consequences have been painful. More than $100... Read more
9 related articles
24d
KEYT 3 Santa Barbara
How decades of bad decisions broke GEare startling because they happened not just at an icon of American business bu
KEYT 3 Santa Barbara / Posted 24 days ago
are startling because they happened not just at an icon of American business but under two legendary CEOs, Jack Welch and Jeff Immelt. For GE's 300,000 employees and millions of shareholders, the consequences have been painful. More than $100... Read more
9 related articles
24d
KECI Missoula
How decades of bad decisions broke GEare startling because they happened not just at an icon of American business bu
KECI Missoula / Posted 24 days ago
are startling because they happened not just at an icon of American business but under two legendary CEOs, Jack Welch and Jeff Immelt. For GE's 300,000 employees and millions of shareholders, the consequences have been painful. More than $100... Read more
9 related articles
24d
WFMZ Eastern Pennsylvania and Western New Jersey
How decades of bad decisions broke GEare startling because they happened not just at an icon of American business bu
WFMZ Eastern Pennsylvania and Western New Jersey / Posted 24 days ago
are startling because they happened not just at an icon of American business but under two legendary CEOs, Jack Welch and Jeff Immelt. For GE's 300,000 employees and millions of shareholders, the consequences have been painful. More than $100... Read more
9 related articles
24d
KRBC Abilene & KTAB Abilene
How decades of bad decisions broke GEare startling because they happened not just at an icon of American business bu
KRBC Abilene & KTAB Abilene / Posted 24 days ago
are startling because they happened not just at an icon of American business but under two legendary CEOs, Jack Welch and Jeff Immelt. For GE's 300,000 employees and millions of shareholders, the consequences have been painful. More than $100... Read more
9 related articles
24d
KXLY-TV Spokane
How decades of bad decisions broke GEare startling because they happened not just at an icon of American business bu
KXLY-TV Spokane / Posted 24 days ago
are startling because they happened not just at an icon of American business but under two legendary CEOs, Jack Welch and Jeff Immelt. For GE's 300,000 employees and millions of shareholders, the consequences have been painful. More than $100... Read more
9 related articles
24d
WCYB 5 Tri-Cities
How decades of bad decisions broke GEare startling because they happened not just at an icon of American business bu
WCYB 5 Tri-Cities / Posted 24 days ago
are startling because they happened not just at an icon of American business but under two legendary CEOs, Jack Welch and Jeff Immelt. For GE's 300,000 employees and millions of shareholders, the consequences have been painful. More than $100... Read more
9 related articles
24d
KRDO Colorado Springs
How decades of bad decisions broke GEare startling because they happened not just at an icon of American business bu
KRDO Colorado Springs / Posted 24 days ago
are startling because they happened not just at an icon of American business but under two legendary CEOs, Jack Welch and Jeff Immelt. For GE's 300,000 employees and millions of shareholders, the consequences have been painful. More than $100... Read more
9 related articles
24d
News Channel 12 New Bern
How decades of bad decisions broke GEare startling because they happened not just at an icon of American business bu
News Channel 12 New Bern / Posted 24 days ago
are startling because they happened not just at an icon of American business but under two legendary CEOs, Jack Welch and Jeff Immelt. For GE's 300,000 employees and millions of shareholders, the consequences have been painful. More than $100... Read more
9 related articles
24d
KESQ Palm Springs
How decades of bad decisions broke GEare startling because they happened not just at an icon of American business bu
KESQ Palm Springs / Posted 24 days ago
are startling because they happened not just at an icon of American business but under two legendary CEOs, Jack Welch and Jeff Immelt. For GE's 300,000 employees and millions of shareholders, the consequences have been painful. More than $100... Read more
9 related articles
26d
Fortune
Uber's CEO Comes From What May Be the World's Most Techie FamilyAugust, few knew his name. The ex–Expedia chief outmaneuvered favorites like Me
Fortune / Posted 26 days ago
August, few knew his name. The ex–Expedia chief outmaneuvered favorites like Meg Whitman of Hewlett Packard Enterprise and Jeff Immelt of General Electric(ge), legendary executives with more recognizable public faces. His upset stunned onlookers... Read more
29d
FOX Business
Game On for Hasbro-Mattel Deal?and this will be more apparent, but I think John Flannery has created more valu
FOX Business / Posted 29 days ago
and this will be more apparent, but I think John Flannery has created more value in three months for this company than Jeff Immelt did in 17 years. And that, really, I think, is a testament to how asleep at the wheel Jeff Immelt was. He took... Read more
29d
FOX Business
Game On for Hasbro-Mattel Deal?and this will be more apparent, but I think John Flannery has created more valu
FOX Business / Posted 29 days ago
and this will be more apparent, but I think John Flannery has created more value in three months for this company than Jeff Immelt did in 17 years. And that, really, I think, is a testament to how asleep at the wheel Jeff Immelt was. He took... Read more
29d
Boston Globe
GE’s shares tumble again as investors pass on turnaroundflailing stock price underscores the challenges that Flannery faces has he trie
Boston Globe / Posted 29 days ago
flailing stock price underscores the challenges that Flannery faces has he tries to restore GE’s luster. He took over from Jeff Immelt in August and immediately embarked on an effort to simplify the sprawling conglomerate. The dividend cut was... Read more
58 related articles
29d
Boston Globe
With GE’s financial woes, was Boston sold a lemon?where GE rose from the ashes, will we be known as the site of its final resting
Boston Globe / Posted 29 days ago
where GE rose from the ashes, will we be known as the site of its final resting place? The business community here loved Jeff Immelt, who as chief executive pushed for the company’s fresh start in Boston. He was the anti-Jack Welch, the... Read more
58 related articles
29d
Boston Globe
With GE’s financial woes, was Boston sold a lemon?where GE rose from the ashes, will we be known as the site of its final resting
Boston Globe / Posted 29 days ago
where GE rose from the ashes, will we be known as the site of its final resting place? The business community here loved Jeff Immelt, who as chief executive pushed for the company’s fresh start in Boston. He was the anti-Jack Welch, the... Read more
30d
Sky News Australia
GE to shrink to businesses, cuts dividendcomponent this year, down 35 per cent through Friday's close. Since September 2
Sky News Australia / Posted 30 days ago
component this year, down 35 per cent through Friday's close. Since September 2001, when recently retired Chief Executive Jeff Immelt took over, GE stock has effectively been dead money, posting a negative total return even after reinvesting its... Read more
58 related articles
30d
Reuters
Shrinking GE rattles investors, shares hit 5-year lowto shrink GE’s multi-industry array of businesses was a reversal of the deal-dr
Reuters / Posted 30 days ago
to shrink GE’s multi-industry array of businesses was a reversal of the deal-driven empire building of his predecessors, Jeff Immelt and Jack Welch, and potentially a milestone in the decline of the conglomerate as a business strategy. Other... Read more
58 related articles
30d
Reuters
GE to shrink, investors worry it will be less profitablethe organization.” GE stock has effectively been dead money since September 20
Reuters / Posted 30 days ago
the organization.” GE stock has effectively been dead money since September 2001, when recently retired Chief Executive Jeff Immelt took over, posting a negative total return even after reinvesting its juicy dividends. Once the most valuable... Read more
58 related articles
30d
TheBull
Embattled GE plans thousands of layoffs amid corporate overhaulto close the deal. "We didn't have a clear view of the market," he added in th
TheBull / Posted 30 days ago
to close the deal. "We didn't have a clear view of the market," he added in thinly veiled criticism of his predecessor Jeff Immelt, whom Flannery replaced in August. Flannery said the turnaround plan would deliver a "simpler, more-focused... Read more
58 related articles
1m
Boston Herald
Campus buyout part of effort to keep GE in Conn.urban, transit-oriented environment within the state with nearby higher educati
Boston Herald / Posted a month ago
urban, transit-oriented environment within the state with nearby higher education institutions, as desired by GE’s then-CEO Jeff Immelt. It would be better to have the headquarters somewhere else in Connecticut, likely near Stamford, rather than... Read more
1m
Boston Herald
GE's board says it had no idea about the CEO's spare planethe jet several years ago, the publication’s sources added. The WSJ reported o
Boston Herald / Posted a month ago
the jet several years ago, the publication’s sources added. The WSJ reported on October 18 that former Chairman and CEO Jeff Immelt had an extra aircraft follow his corporate jet on some overseas trips during much of his 16 years in the role, as... Read more
1m
The Irish Times
Investors worry shrunken GE to be less profitableFriday’s close. GE stock has effectively been dead money since September 2001,
The Irish Times / Posted a month ago
Friday’s close. GE stock has effectively been dead money since September 2001, when recently retired chief executive Jeff Immelt took over, posting a negative total return even after reinvesting its juicy dividends. Flannery, who took over... Read more
58 related articles
1m
Reuters
GE to shrink, investors worry it will be less profitableFriday’s close. GE stock has effectively been dead money since September 2001,
Reuters / Posted a month ago
Friday’s close. GE stock has effectively been dead money since September 2001, when recently retired Chief Executive Jeff Immelt took over, posting a negative total return even after reinvesting its juicy dividends. Flannery, who took over... Read more
58 related articles
1m
New York Post
GE is slashing its business, and its dividendmake GE smaller and nimbler is a turnaround from the previous multi-business ap
New York Post / Posted a month ago
make GE smaller and nimbler is a turnaround from the previous multi-business approach taken by former CEOs Jack Welch and Jeff Immelt. Flannery’s changes repudiate much of Immelt’s vision of a “digital industrial” company that builds software to... Read more
58 related articles
1m
FOX Business
GE to shrink, investors worry it will be less profitableFriday's close. GE stock has effectively been dead money since September 2001,
FOX Business / Posted a month ago
Friday's close. GE stock has effectively been dead money since September 2001, when recently retired Chief Executive Jeff Immelt took over, posting a negative total return even after reinvesting its juicy dividends. Flannery, who took over... Read more
58 related articles
1m
FOX Business
GE to shrink, investors worry it will be less profitableFriday's close. GE stock has effectively been dead money since September 2001,
FOX Business / Posted a month ago
Friday's close. GE stock has effectively been dead money since September 2001, when recently retired Chief Executive Jeff Immelt took over, posting a negative total return even after reinvesting its juicy dividends. Flannery, who took over... Read more
58 related articles
1m
Reuters
GE to shrink to three businesses; slashes dividend, profit outlookcomponent this year, down 35 percent through Friday’s close. Since September 20
Reuters / Posted a month ago
component this year, down 35 percent through Friday’s close. Since September 2001, when recently retired Chief Executive Jeff Immelt took over, GE stock has effectively been dead money, posting a negative total return even after reinvesting its... Read more
58 related articles
1m
Reuters
GE to focus on three businesses; slashes dividend, profit outlookmake GE smaller and nimbler is a turnaround from the previous multi-business ap
Reuters / Posted a month ago
make GE smaller and nimbler is a turnaround from the previous multi-business approach taken by former CEOs Jack Welch and Jeff Immelt. Flannery’s changes repudiate much of Immelt’s vision of a “digital industrial” company that builds software to... Read more
58 related articles
1m
FOX Business
GE to focus to power, health care and aviation; cuts outlookmake GE smaller and nimbler is a turnaround from the previous multi-business ap
FOX Business / Posted a month ago
make GE smaller and nimbler is a turnaround from the previous multi-business approach taken by former CEOs Jack Welch and Jeff Immelt. Flannery's changes repudiate much of Immelt's vision of a "digital industrial" company that builds software to... Read more
23 related articles
1m
FOX Business
GE to focus to power, health care and aviation; cuts outlookmake GE smaller and nimbler is a turnaround from the previous multi-business ap
FOX Business / Posted a month ago
make GE smaller and nimbler is a turnaround from the previous multi-business approach taken by former CEOs Jack Welch and Jeff Immelt. Flannery's changes repudiate much of Immelt's vision of a "digital industrial" company that builds software to... Read more
23 related articles
1m
FOX Business
GE to cut quarterly dividend1,300 planes worth an estimated $25 billion. Selling a significant amount of as
FOX Business / Posted a month ago
1,300 planes worth an estimated $25 billion. Selling a significant amount of assets would signal an undoing of former CEO Jeff Immelt’s strategy. GE’s board Speaking during the third quarter earnings conference call, Flannery said the board gave... Read more
58 related articles
1m
FOX Business
GE to cut quarterly dividend1,300 planes worth an estimated $25 billion. Selling a significant amount of as
FOX Business / Posted a month ago
1,300 planes worth an estimated $25 billion. Selling a significant amount of assets would signal an undoing of former CEO Jeff Immelt’s strategy. GE’s board Speaking during the third quarter earnings conference call, Flannery said the board gave... Read more
58 related articles
More

In this news