Jeffrey R. Immelt
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Jeffrey R. Immelt
Jeffrey Robert Immelt (born February 19 1956, Cincinnati, OH) is the current chairman of the board and chief executive officer of General Electric. He was selected by GE's Board of Directors in 2000 to replace John Francis Welch Jr. (Jack Welch) following his retirement. Previously, Immelt had headed up GE's Medical Systems division (now known as GE Healthcare) as its President and CEO. He holds a B.A. in Mechanical Engineering from Dartmouth College where he 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 organizations, one of which is the Robin Hood Foundation, a charitable organization which attempts to allieviate problems caused by poverty in New York City. His tenure as Chairman and CEO started off on a low note - he took over the role on September 7 2001 - just four days before the terrorist attacks on the United States, which killed two employees and cost GE's insurance business $600 million, as well as having an obvious direct effect on the company's Aircraft Engines sector. According to documents filed with the Federal Elections Commission, Immelt lives with his wife Andrea in New Canaan, Connecticut. Immelt was named to Time Magazine's Time 100 most influential people in the world in 2008.[1]
Commencement AddressesAfter becoming chairman of GE, Immelt delivered his first commencement address to the 2001 graduating class of the Thayer School of Engineering at Dartmouth College, of which he is an alumnus. In his speech, he emphasized the importance of future business opportunities with China and the Far East. He received an honorary Doctor of Laws from Dartmouth, in June 2004.[2] In the years that followed, Immelt gave the commencement address at Northeastern University (2006), Pepperdine University on April 29 2006, the Georgia Institute of Technology on May 5, 2007, the University of Notre Dame on May 20, 2007, and Worcester Polytechnic Institute on May 17, 2008, receiving honorary doctorates from all five as well. ReferencesSee alsoExternal links
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