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Jeff Immelt's Email & Phone Number

Former CEO of General Electric


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About Jeff Immelt

đź“– Summary

Jeff Immelt is a well-known American business executive who served as the CEO of General Electric (GE) from 2001 to 2017. During his tenure at GE, Immelt made significant contributions to the company's growth and success, and his leadership style and business acumen have made him a widely respected figure in the corporate world.

Born on February 19, 1956, in Cincinnati, Ohio, Jeff Immelt earned a Bachelor of Science degree in applied mathematics from Dartmouth College in 1978. He later went on to earn a Master of Business Administration from Harvard Business School in 1982. Immelt's early career at GE began in 1982, where he held a series of increasingly responsible positions, initially in GE's plastics, appliances, and healthcare businesses before moving on to the corporate team at GE's headquarters.

In 2000, Jeff Immelt was appointed as the CEO of General Electric, succeeding Jack Welch, who had been at the helm for two decades. Immelt took over the leadership of a conglomerate that was already considered a global powerhouse, but he faced the challenge of steering the company through a tumultuous period marked by the dot-com bust, the September 11th attacks, and the global financial crisis of 2008. Immelt led GE through these challenges, and under his leadership, the company weathered the storms and emerged even stronger.

During his time as CEO, Immelt focused on reshaping General Electric to adapt to the changing landscape of the global economy. He diversified the company's portfolio by expanding into the energy, healthcare, and transportation sectors, while also divesting non-core assets. Immelt also placed a strong emphasis on innovation and technology, leading the charge in developing cutting-edge products and services to drive growth and profitability.

One of Immelt's notable achievements as CEO was his focus on sustainability and environmental responsibility. Under his leadership, GE became a leader in clean energy and environmental technologies, making significant investments in renewable energy, efficient power generation, and clean water initiatives. Immelt's commitment to sustainability helped to position GE as a responsible corporate citizen and a leader in the movement towards a greener, more sustainable world.

Despite his many successes, Jeff Immelt's tenure at General Electric was not without its challenges. The company faced criticism and scrutiny over its financial performance, including a steep decline in stock value and pressure from activist investors. Immelt also came under fire for his handling of several major acquisitions, including the ill-fated purchase of Alstom's power business. These challenges led to Immelt's departure as CEO in 2017, marking the end of an era for General Electric.

In the years since leaving GE, Immelt has remained active in the business world, serving as a member of the board of directors for several prominent companies, including Twilio and Tuya Inc. He has also been involved in philanthropy and public service, advocating for healthcare and economic development initiatives. Immelt has shared his experiences and insights through writing, including his memoir "Hot Seat: What I Learned Leading a Great American Company," which offers a candid look at his time as CEO of General Electric.

Overall, Jeff Immelt's impact on General Electric and the broader business world is undeniable. His tenure as CEO saw the company navigate through complex challenges and emerge as a stronger, more diversified entity. Immelt's strategic vision, commitment to innovation, and focus on sustainability have left a lasting legacy at General Electric and serve as an inspiration for aspiring business leaders around the world.


Frequently Asked Questions about Jeff Immelt

Why did Jeff Immelt fail at GE?

Immelt paid too much for some acquisitions and didn't get enough for some divestitures. Rather than rein in G.E. Capital, he let it spin out of control. And critics contend he was set in his ways, misguided in his big bets and unable to adapt to changing market conditions. Either way, the results were disastrous.Feb 5, 2021


Was Jeff Immelt a good CEO?

Immelt has been named one of the “World's Best CEOs” three times by Barron's. During his tenure as CEO, GE was named “America's Most Admired Company” by Fortune magazine and one of “The World's Most Respected Companies” in polls by Barron's and the Financial Times.


Who did Jeffrey Immelt take over as CEO of GE?

In 2001, Immelt, who had previously held executive positions at GE for 19 years, was picked to succeed Jack Welch, one of the most famous CEOs in U.S. history.Feb 23, 2021


What is Jeff Immelt doing now?

He currently serves on the board for NEA portfolio companies: Collective Health, Radiology Partners, Tri Alpha Energy, and Transfix. In addition, he is on the public boards of Bloom Energy, Desktop Metal, Bright Health, Hennessy Capital V, and Twilio. He is also on the private board of Sila Nanotechnologies.


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