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We are committed to running Employers Reinsurance Corp. effectively for our investors. This includes restoring profitability and exploring strategic options
Executive Business Briefing Nov 21, 2002
We've got a great team of people who continue to serve our customers effectively and who come to work looking for new products and services, and new markets for growth. We are maintaining our full-year target of $1.65 per share in the environment we see today
Executive Business Briefing Oct 11, 2002
The economy is much tougher than anyone planned, but the fundamentals of GE are in great shape
Executive Business Briefing Oct 11, 2002
The next generation of products are going to be made in the USA
Walker's World: New tactics in $ wars Oct 25, 2010
If you want to be an admired company, you better know (the figures), you better have accountability and you better think through where the jobs are
The politics of outsourcing Aug 22, 2011
Jeffrey Robert "Jeff" Immelt (born February 19, 1956) is 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 (now known as GE Healthcare) as its President and CEO.
Immelt was born in Cincinnati, Ohio, the son of Donna Rosemary (née Wallace), a school teacher, and Joseph Francis Immelt, who managed the General Electric Aircraft Engines Division. Immelt attended Finneytown High School. He holds an A.B. 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 organizations, one of which is the Robin Hood Foundation, a charitable organization which attempts to alleviate 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 a direct effect on the company's Aircraft Engines sector.