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Feb 28, 2002 · JOEL KURTZMAN is Global Lead Partner for Thought Leadership at PricewaterhouseCoopers, the world's largest professional services firm. He is the former editor of the Harvard Business Review and...
- Jack Welch: 1981-2001
- Jeff Immelt: 2001-2017
- John Flannery: 2017-2018
- Larry Culp: 2018-Present
The Massachusetts native joined GE in 1960 rising through the ranks to become CEO in 1981. Welch went on to catapult the company into one of the strongest industrial giants in the world. According to a company bio, "In 1980, the year before Welch became CEO, GE recorded revenues of roughly $26.8 billion; in 2000, the year before he left, they were ...
In 2001, Jeff Immelt, who once ran GE's Medical Systems business, beat out two of his colleagues for the coveted spot: Robert Nardelli, president and CEO of GE Power Systems, who went on to lead Home Depot and James McNerney, head of GE Aircraft Engines, who later led 3M and Boeing. During his 16-year tenure as CEO, Immelt diversified the industria...
GE insider John Flannery, who led a turnaround at GE Healthcare, became the company's 11th CEO following the resignation of Immelt. He officially took the helm that August. Despite the familial changing of the guard, Flannery was inheriting a basket of issues, including whether or not the company's generous dividend could be saved. It couldn't. GEN...
Culp is GE's 12th CEO and holds a "B.A. in Economics from Washington College and an MBA from Harvard Business School" according to his company bio. While he is well respected on Wall Street say, shareholders, he too is facing challenges in reviving GE. More recently, the fallout from the coronavirus has taken its toll, especially in the aviation un...
In 1900, GEC was incorporated as a public limited company: The General Electric Company (1900) Ltd. and from 1903 it was styled 'The General Electric Co. Ltd.' With a 'go-getter' like Hugo Hirst involved, it was not long before the fledgling GEC started making plans for large-scale manufacturing.
In 1992 GE signaled its intent to step up overseas activity with the purchase of 50 percent of the European appliance business of Britain's General Electric Company (GEC). The two companies also made agreements related to their medical, power systems, and electrical distribution businesses.
General Electric Company (GE) was an American multinational conglomerate founded in 1892, incorporated in the state of New York and headquartered in Boston. The company had several divisions, including aerospace , energy , healthcare , and finance .
May 10, 2020 · In Durham, North Carolina, Robert Henderson was opening a factory for General Electric Company (NYSE: GE). The goal of the factory was to manufacture the largest commercial jet engine in the world. Henderson’s opportunity was great and so were his challenges.
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The General Electric Company (GEC) was a major British industrial conglomerate involved in consumer and defence electronics, communications, and engineering. It was originally founded in 1886 as G. Binswanger and Company as an electrical goods wholesaler based in London .
