He also received The Financial Times Award, Man of the Year, back in the year 2003. General Electric CEO Jeff Immelt attends a ground-breaking ceremony for GE's new headquarters, Monday, May 8, 2017, in Boston. But I didn't stop, I didn't give up. Jeffrey Robert Immelt (born February 19, 1956) is an American business executive currently working as a venture partner at New Enterprise Associates. There are 178 people with surname IMMELT. Andrea A Immelt, age 66. Use Next and Previous buttons to navigate. I started teaching students and I went to work with some old friends at a venture capital firm [New Enterprise Associates]. Immelt serves as chairman of The Business Council and is on the boards of Catalyst, which is devoted to advancing women in business; Robin Hood, which focuses on addressing poverty in New York City; and the New York Federal Reserve Bank. Alex.Soule@scni.com; 203-354-1047; www.twitter.com/casoulman, GEs Immelt has buyer for New Canaan home, Investment manager AllianceBernstein opens first offices in CT, CT saw a record-high in housing permits issued in January, Connecticut Magazine's 25 Most Romantic Restaurants in CT. Every year, Connecticut Magazine asks readers and experts for the state's best dining spots. GE's SEC Form 10K for 2014 states that worldwide employment is 305,000, and US employment is 136,000. So, how much is Jeff Immelt worth at the age of 66 years old? [12], Immelt participated actively in mergers and acquisitions,[13][14] purchasing Amersham PLC for $9.5billion in 2004[15] and Alstom's power business for approximately 12.4 billion in 2015. In the interim, he was initially a top candidate to become CEO of Uber, replacing founder Travis Kalanick. Immelt has made many other changes that have contributed to the companys success as well, so that in 2011 GE was ranked in the Fortune 500 as the 68th-largest company in the country by gross revenue, and the 14th most profitable. Jeff became the office of G.E. More recently in mid-April, the town recorded the $5.5 million sale of a 13,500-square-foot manse at 712 Oeneke Ridge Road around the corner from the Country Club of New Canaan. IMDbPro Starmeter. While the tax attacks created the impression that GE paid no taxes, its worldwide tax expense was over $3billion, with most of the taxes paid in foreign jurisdictions. Jeffrey Immelt, chairman and CEO, General Electric Co., and Andrea Immelt Rep. Bobby Jindal (R-La. ) 8 in 2008 with charitable disbursements of $161.5million in a ranking published by Forbes. In May 2013, he delivered the commencement address at the University of Connecticut Graduate School, and was awarded an honorary Doctor of Humane Letters. There are two ways to think about Jeff Immelt's 16-year run as chief executive of General Electric. I think people need to be achievement-oriented and need to have a vision for themselves and what they want to get done that is both meaningful to them and others. I had to kind of retire. Career, Awards & Nominations: Jeff Immelt has been working for General Electric since 1982 after earning his MBA from the Harvard Business School. Discover Jeff Immelt's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Built in 2000 and bought by the Immelts the following year when he was promoted to CEO of GE, the New Canaan house totals six bedrooms, six fireplaces and 11 bathrooms in 11,500 square feet of space on a 4-acre lot, with the driveway gated off from West Road. It plans to sell its real estate business for $26.5billion, sell most of its GE Capital assets which now total $500billion, and repatriate nearly $36billion in cash held overseas to fund while the board also authorized a share buyback program using up to $50billion. Jeff Immelt's net worth Caroline Maglathlin. Jeff Immelt then retired three months before his retiring date. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! He resigned the board position in 2011. Also learn how He earned most of networth at the age of 64 years old? A Division of NBC Universal. Jeff Immelt Net Worth 2023: Age, Height, Weight, Wife, Kids, Bio-Wiki. They then purchased a home in Boston. I took what I thought I could do and had to go out and win the respect of new companies and new friends. By the time 2007 and 2008 [and the financial crisis] came around, that didn't look very smart. 705 West Road in New Canaan, Conn., the home of General Electric CEO Jeff Immelt. The phone number (203) 822-1257 belongs to Andrea. He is from United States. Even Kalanick realized that Immelt was not cut out for the job. Just do your best. Climate Action Partnership event in 2007 Jeffrey Robert Immelt (born February 19, 1956) is an American business executive currently working as a venture partner at New Enterprise Associates. At 66 years old, Jeff Immelt height Jeff described the school of business as one of the most extreme times of ones life. Put yourself in my shoes, where the people who you loved, a company you loved, it just didn't end the way they wanted it to end. On 24 December 2015, Immelt was listed by UK-based company Richtopia at number 50 in the list of 500 Most Influential CEO's. Immelt is married to his wife Andrea and they have one daughter, Sarah. Jeff Immelt is a Famous American actor, who was born on Sunday, Feb 19, 1956 in Cincinnati, Ohio, U.S.. Find Jeff Immelt age, wife, net worth, weight, height, career, family, pics biography & more. Immelt was named to Time magazine's 100 most influential people in the world in 2009. [59], Immelt was as a member of the board of the Federal Reserve Bank of New York from 2006 to 2011. Andrea Immelt: 18575 Saint Andrews Ln UNIT A, Brookfield, WI 53045: Andrea Immelt Social Media Profiles. in 1997. Save my name, email, and website in this browser for the next time I comment. When President Obama chose to put Jeffrey Immelt at the head of the Economic Advisory Board, he felt that Immelt had attributions in knowing what would help the global economy. . The year after his departure, GE wasdroppedfrom the Dow Jones Industrial Average. They live in Connecticut. The New York Times reported that Obama's appointment of Immelt was "another strong signal that he intends to make the White House more business-friendly." in November 2000 to replace Welch as the Chief Executive Officer of G.E. He has worked at several divisions of the company including appliances, healthcare, and plastics. The couple married in 1986, and the following year their daughter, Sarah, was born, since which time Andrea has been a full-time homemaker. Person: Andrea Immelt Clear Filters Caroline . In his personal life, Immalet has been married to Andrea, a GE customer-service representative, since 1986. Jeff graduated with an A.B. Andrea Immelt is on Facebook. Andrea Immelt. It's been humbling. Since then, he has held various positions at the company, such as a district sales manager for GE Plastics, vice-president of consumer services in GE Appliances, vice- president and general manager of GE Plastics and president and CEO of GE Medical Systems. The good days are really good and the things that we had a chance to do and work on, like globalizing the company or launching products or developing people, that's extremely rewarding. [19] In 2015, GE announced it would sell its real estate holdings for $26.5billion and most of GE Capital's assets. Sarah Immelt's birthday is 02/05/1987 and is 35 years old.Sarah Immelt lives in Allston, MA; previous cities include Boston MA and Cambridge MA.Sarah A Immelt are some of the alias or nicknames that Sarah has used. This story is part of the Behind the Desk series, where CNBC Make It gets personal with successful business executives to find out everything from how they got to where they are to what makes them get out of bed in the morning to their daily routines. Patrick McMullan | Patrick McMullan | Getty Images. The Financial Times named him "Man of the Year" in 2003. This list of individuals (below) is displayed alphabetically. has frequently appeared and listed among the most admired syndicates in terms of respect, innovation, and leadership. In the first quarter, 45 homes in New Canaan were sold as tracked by Berkshire Hathaway HomeServices New England Properties, 41 percent more than year ago. Renting a two bedroom apartment in the zip code 02116 may cost you $3,050 per month, PD&R says. We know that Sarah is married at this point. During his time at Darmouth, Immelt worked in a Ford Motor assembly plant in Cincinnati and later at Procter & Gamble company in the brandmanagement department. He was commencement speaker at the University of Notre Dame on May 20, 2007, where he was awarded the honorary Doctor of Laws. [41], Immelt was initially a top candidate to become CEO of Uber, replacing founder Travis Kalanick. Associated persons: Keith Block, Bart A Grenier, Sarah A Immelt, Ryan King, Reanna Kohler (203) 822-1257. [35] Immelt had a total five year compensation of $53.82million through 2011, an income which ranked sixth among executives employed by US-based conglomerates. Immelt served as commencement speaker at Michigan State University's 2 pm ceremony on December 11, 2010, and was awarded an honorary doctorate of business. Jeff resigned as the Chief Executive Officer of the United States of America based conglomerate General Electric on August 1, 2017. [64], Jeff Immelt has earned significant honors throughout his career, beginning with his graduation from Dartmouth cum laude and earning the Earl Hamilton Varsity Award, as a college football player, for friendship and character. Here, Immelt talks to CNBC Make It about his biggest mistakes, how he handles extreme stress, and whether money and power actually make you happier. You also have to take care of yourself. Later, though, the company said it had been planning a move for three years. In 2013, the authorization for the council was not renewed, causing the council to be permanently shut down. In 2008, he earned a total compensation of $5,717,469. July 5, 1956 is the birth date of Andrea. We recommend you to check the complete list of Famous People born on 19 February. "[61], Immelt was appointed to the President's Economic Recovery Advisory Board in 2009[62] and appointed chairman in 2011. He started working there on September 10, Andrea Allen Immelt (age 66) is listed at 705 West Road New Canaan, Ct 06840 and has no political party affiliation. View popular celebrities life details, birth signs and real ages. In April 2015, GE announced a major series of reorganization steps. Sarah Immelt graduated with a communications major and a minor in comparative literature. Still, the loss of those 200-plus employees will affect the real estate market, though experts said the impact was likely to be short-lived, with the regions accessibility to New York remaining a major selling point. Reply. . [75], In 2017, Immelt was honored with an Edison Achievement Award for his commitment to innovation throughout his career. His tenure as chairman and CEO started off on a low note, as 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 $600million, as well as having a direct effect on the company's Aircraft Engines sector. I didn't want to hide. Jeff was born and raised in Cincinnati by his parents Donna Rosemary who was a teacher, and his father, Joseph Francis Immelt, was a manager at the General Electric Aircraft Engines Division. It is notable that two other GE CEOs, Reginald Jones and Jack Welch, also served in this capacity. [2], Immelt was born in Cincinnati, the son of Donna Rosemary (ne Wallace), a school teacher, and Joseph Francis Immelt, who managed the General Electric Aircraft Engines Division. He covers the state economy and other business news as well as penning a monthly column on personal finance for Connecticut Magazine. Immelt, 54, who took over as GE's CEO from corporate legend Jack Welch in 2001, is a self-described Republican. [42]:321 Immelt withdrew from consideration after a director privately told him he had no chance at getting the job. Join Jeff when he addresses the #econclub on April 20: bit.ly/3sl3bnR. This page displays a list of people whose family names is IMMELT. He is married to Andrea Immelt and has a daughter; all these factors indicate that he is not gay but a straight guy. Jeff Immelts income source is mostly from being a successful . The address on file for this person is 36 Ocean Course Drive, Kiawah Island, SC 29455 in Charleston County. 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. Boston. As CEO of General Electric in 2007, Immelt earned a total compensation of $14,209,267. [55], The GE Foundation has been praised for its charitable contributions under Immelt's leadership. Immelt was about to face a more daunting challenge called 'tomorrow.' . He also concurrently stepped down from the board of Baker Hughes. [20][21][22][23], At the end of 2001 when Immelt replaced Welch, GE employed 219,000 worldwide and 125,000 in the US, as reported in its SEC Form 10K for 2001. GE's SEC Form 10K for 2014 states that worldwide employment is 305,000, and US employment is 136,000. [7], During his years at Dartmouth he worked summers on a Ford assembly line in Cincinnati; after graduating he worked for Procter & Gamble. In 2001 Immelt became the companys Chairman and CEO, replacing Jack Welch who was considered as one of the worlds most prominent corporate leaders, and who had made GE one of the most admired companies in the country. He addressed the undergraduate class of 2011 of the University of Maryland, Baltimore County on May 23, 2011, and received an honorary Doctor of Public Service degree despite controversy at the school over GE's corporate tax strategies. Jeff also received TIME Award for 100 most influential people in the world. The home of General Electric CEO Jeff Immelt and wife Andrea at 705 West Road in New Canaan. Immelt was awarded the 2014 American Football Coaches Association Tuss McLaughry Award, given to a distinguished American (or Americans) for the highest distinction in service to others. He obtained an MBA from Harvard Business School in 1982[8] and described business school as "one of the most intense times of your life."[9]. Andrea Immelt 36 Ocean Course DR 8432036050; Andrea Jo Shirey 2611 Starfish DR 8435593228; Andrea K Thompson 183 Bull Thistle Ln 8437687394; Andrea Paul Cocozzella 203 Needlerush Rd 8432772116; Andrea Scott Barrett 1646 Headquarters Plantation DR 8435591877; Andrea Teresa Iwer 3508 Old Ferry Rd 8435569214; @generalelectric. Modern Bedroom, San Diego. Facebook gives people the power to. This is a carousel. [66][67][68] He is a member of The American Academy of Arts & Sciences. Later in 2002, he received the Robert Fletcher Award from Dartmouth's Thayer School of Engineering. Browse Locations. On January 21, 2011, President Obama announced Immelt's appointment as chairman of his outside panel of economic advisers, succeeding former Federal Reserve chairman Paul Volcker. During the financial crisis, when I wasn't at work, I went home and went to bed. Presumed owner of the real estate located at 705 West Rd, New Canaan. The most recent tenant is Jeffrey Immelt. Built in 2000, the Immelt house has six bedrooms and nine baths, totaling nearly 11,500 square feet of space. Upon news of the move, released in January, the real estate community braced for a possible wave of departures if all 800 Fairfield jobs departed. He graduated among the class of 1977 and was president of his fraternity, Phi Delta Alpha, and presently works on the Dartmouth board of trustees. Under Immelt, GE frequently appears in lists of notably charitable US corporations; for example, GE was pictured No. in Applied Mathematics from Dartmouth College and his M.B.A. from Harvard Business School. Jeffrey R. Immelt is the ninth chairman of GE, a post he has held since September 7, 2001. Jeff Immelt got his MBA from Harvard Business School, after his graduation in 1982. Also in February, 2018, two weeks after the athenahealth announcement, Immelt joined the board of directors of Radiology Partners. From growing up in poverty to battling the Covid pandemic: How Northwell Health's CEO found success, Robin Hood Foundation CEO Wes Moore: 'Have faith, not fear. TopicID: 21322 [38] That 2013 compensation had risen 20% over his 2012 compensation of $20.6million. Immelt is married to his wife Andrea and they have one daughter, Sarah. Jeffery Immelt worked part-time in the ford motors plant during his summer break. GE's major financial business, then known as GE Capital, was operated largely through the General Electric Credit Corporation subsidiary. Photographers + Andrew Toth [190] Grid; Editorial; Search Results: 2 Images. On June 6, 2018, Immelt was named executive chairman of athenahealth. By. [54], Barron's has named Immelt one of the "World's Best CEOs" three times;[65] other outlets have criticized his performance. Andrea Immelt. Immelt threatened to move GE"s headquarters out of Connecticut if the state would not back away from the tax plan. The awards comprise of Barrons, Worlds Best CEO, which he won three times. Previously, Immelt had headed up GE's Medical Systems division (now known as GE Healthcare) as its president and CEO. as an internal marketing consultant; then, he was promoted to district sales . In recognition of his lifetime of exemplary achievement . Immelt joined GE in 1982, working in GE's plastics, appliances, and healthcare businesses. Andrea also answers to Andrea A Immeit, Andrea Allen Immelt, Andrea A Inmelt, Andrea B Allen and Andrea Immett, and perhaps a couple of other names. Jeff Immelt's 16 years at the helm of General Electric left the company in shambles. Any final sale price would not be made known until after the close of a purchase, with the New Canaan town clerks office having yet to record a transaction in its property database as of Tuesday. Charlie Rea likes: Other, Television, Music, Movies . And more importantly, should tuition go toward supporting bars around the XL Center? In April 2015, Immelt won the 20th edition of the Leonardo International Prize "as a foreigner who reinforced his country's cultural and economic ties with Italy.". View Details. I would go home at 7 p.m. and I would go to bed because you never knew when you would get the next amount of sleep. Jeffrey Immelt is an American corporate executive. He is married to Andrea Immelt and has a daughter; all these factors indicate that he is not gay but a straight guy. She is currently living and working in NYC for a popular NBC TV show. Facebook gives people the power to share and makes the world more open and connected. [77] They then purchased a home in Boston.[78]. Immelt met his wife, Andrea Allen, a GE customer-service representative, while working in Dallas. and worked as the president and chairman-elect of G.E. In 2009, Immelt earned a total compensation of $5,487,155. Andrea Immelt: Children: 1 daughter: Immelt at U.S. Immelt initiated one of his first major acquisitions in his area of operating expertise, the medical business. General Electric CEO Jeff Immelt, one of the company's approximately . Guest List of White House State Dinner. Save record . He became a GE officer in 1989, joined the GE Capital board in 1997 and took on the leadership of GE Healthcare before being named CEO. Your email address will not be published. Jeff spent vast amounts of cash on stock buybacks at costs that would ultimately prove to be very expensive. Andrea has been found in 4 states including California, South Carolina, Massachusetts, Illinois. Who lives at 17150 Los Robles Way Los Gatos CA 95030? Their purchase of an apartment in New York was featured in a Forbes article. In 2012 it was ranked as worlds fourth-largest company on the Forbes Global 2000. [72] In accepting the award, he said "I am a product of football and I owe a great debt of gratitude to that system. Immelt served as commencement speaker at Michigan State University's 2pm ceremony on December 11, 2010, and was awarded an honorary doctorate of business. Greenwich firm buys Uno supermarket pizza, calzone lineup, Investment manager AllianceBernstein opens first offices in CT, Connecticut Magazine's 25 Most Romantic Restaurants in CT. Every year, Connecticut Magazine asks readers and experts for the state's best dining spots. View Details. He is a business executive, best known as the chairman and CEO of the conglomerate General Electric. During his peak days with the G.E., he received an annual salary of $20 million. Immelt's compensation has fluctuated significantly. Alex is a Maine native who served a two-year enlistment in the U.S. Army (Fifth Infantry Division at Fort Polk, La.) in applied mathematics and economics cum laude[6] from Dartmouth College in 1978. [40] Immelt stepped down in October 2017. But "I really love the company. But earlier this week GE announced that 500 to 600 employees, or most everyone who is not going to Boston, could be headed for the companys former GE Capital headquarters in Norwalk. When I was CEO, I would go to Walmart and shop to see how our lighting products were on the shelves. This abandoned high school was converted into a 31-unit apartment building, Hot Seat: What I Learned Leading a Great American Company. The current landline phone number for Sarah A Immelt is (203) 972-2680. Jeff Immelt is successful career personnel, and it is through hard work and dedication towards his career that has seen him climb in ranks to where he is currently. I would be insincere if I didn't say there were benefits [to money], but I always marveled in simple things. Later in 2002, he received the Robert Fletcher Award from Dartmouth's Thayer School of Engineering. Andrea Immelt, 65; Phones (843) 768-1070; View more; Addresses . GE went public with its plans to look for a new corporate home following tax increases passed in the 2015 Connecticut legislative session. That 2013 compensation had risen 20% over his 2012 compensation of $20.6million. In particular Welch's tenure benefited from the economic expansion during the Clinton Administration which ended immediately before Immelt became GE's CEO. Very early on after 9/11, I should have taken a much more long-term and holistic look at [GE], and done it from a standpoint of caution. The company is a California Domestic Limited-Liability Company, which was filed on March 23, 2020. In 2015, GE announced a repatriation program for part of its cash balances. He became a GE officer in 1989, joined the GE Capital board in 1997[10] and took on the leadership of GE Healthcare[citation needed] before being named CEO in 2001. The charitable interpretation is that Mr. Immelt was dealt an impossible hand . The organization is devoted to addressing poverty issues in New York City. Professional Career. During his tenure as GEs CEO, Immelt has received numerous awards and honors, such as being named the Worlds Best CEOs three times by Barrons, being named Man of the Year by the Financial Times, and being selected among the 100 most influential people in the world by Time magazine. Resides in Boston, MA. Maybe you know about Jeff Immelt very well, but do you know how old and tall is he and what is his net worth in [current date format=Y]? Five CEOs Who Should Have Already Been Fired (Cisco, GE, WalMart, Sears, Microsoft)", "Jeffrey Immelt to Receive 2014 Tuss McLaughry Award", "Nerio Alessandri, Jeffrey Immelt Honored at Leonardo Prizes", "Top 500 CEOs: From Tim Cook to Justine Roberts, These Are the Most Influential CEOs in the World", "GE CEO Jeff Immelt Sells New Canaan Mansion: Report, "General Electrics CEO Bought a Home in Boston", September 2009 speech by Immelt regarding GE Healthcare, President's Council on Jobs and Competitiveness, https://en.wikipedia.org/w/index.php?title=Jeff_Immelt&oldid=1129584018, General Electric chief executive officers, Articles with unsourced statements from January 2021, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 26 December 2022, at 05:21. The choice I made at that moment was to let GE Capital continue to grow while we were fixing the industrial set of businesses. "[74], On 24 December 2015, Immelt was listed by UK-based company Richtopia at number 50 in the list of 500 Most Influential CEOs. Her Wiki: Married, Husband Britney Spears' son Sean Federline Wiki: Siblings, Alexis Knief's Wiki Biography. Immelt is married to his wife Andrea and they have one daughter, Sarah. On March 3, 2002, according to its fiscal 2001SEC Form 10K GE had 9,935,629,691 shares of voting common stock outstanding with an aggregate market value $396.1billion on March 2, 2002. In other words, GE is committed to diversity[because] it's the only way to do business right [GE is] committed to employing a diverse workforce with the most innovative minds in the world. Immelt's intuition and judgments about financial reporting transparency were validated in experiments in behavioral economics conducted at Princeton in 2004. I didn't get a chance to spend as much time with my daughter as I would like. The Immelt Family Scholarship was established by Andrea and Jeffrey Immelt, parents of Sarah, Class of 2010. [42]:322324, On February 7, 2018, Immelt became the chairman of the board at athenahealth. Jeff Immelt is retired General Electric Chairman of the board and the Chief Executive Officer. Aside from being GEs Chairman and CEO, Immelt has also served as a member of the Board of the Federal Reserve Bank of New York as well as a member to the President Obamas Economic Recovery Advisory Board. Who is Timothy Olyp Jean Currivan Trebek's Biography - Who is Alex Tre Everything To Know About Cesar Millan's Fiance - Actor Harry Holland's Biography: Age, Height, Sibl Business executive, Chairman and CEO of General Electric, Finneytown High School, Dartmouth College, Harvard Business School, Earl Hamilton Varsity Award, (as a college football player), Robert Fletcher Award (2002, Dartmouth's Thayer School of Engineering), American Football Coaches Association Tuss McLaughry Award (2014), Honorary Doctor of Humane Letters (2013, University of Connecticut Graduate School), "World's Best CEOs", "Man of the Year" (2003, "Financial Times"), 100 most influential people in the world (2009, Time magazine's), NR 50 in the list of 500 Most Influential CEO's (2015,"Richtopia", UK). He and his wife Andrea, have one daughter. As of March 2023, Jeff Immelt has an estimated net worth of more than $170 million. Financial Services, Inc head and of than $41 billion empires, and the most profitable division of G.E. [54], Immelt has spoken about the benefits of football to his career. In 2010, Immelt's compensation nearly tripled to $15.2million. By Tom Acitelli @tomacitelli May 6, 2016, 11:00am EDT. [51], Immelt serves on the board of two non-profit organizations. He was the commencement speaker on May 23, 2010, at Hamilton College, which awarded him its honorary Doctor of Laws, and on May 24, 2010, at Boston College, where he was awarded the Honorary Doctor of Business Administration. The Foundation established the Jeff Immelt Award for leadership in football. 4-BR spread on Commonwealth Avenue was asking nearly $8M. Immelt's strategies have contributed to a build-up of cash. Editor's Note:Due to a reporting error, an earlier version inaccurately stated the Berkshire Hathaway division of which Houlihan Lawrence is a subsidiary, which is HomeServices of America. On any given day, I can go from being sad to being happy. Layne Jacobs. Immelt defended GE's reporting elections and the quality of its financial statements following heightened scrutiny after the Enron crisis. Public records indicate Immelt and his wife, Andrea, are under contract to purchase a 3,565-square-foot triplex home at 36 Commonwealth Ave., a four-bedroom property located a stone's throw from . In 2014 GE agreed to sell its appliance business for $3.3billion In 2013 Immelt completed the sale of NBC Universal to Comcast for $8billion. It was an honor to lead, and I will always feel that way. Andrea Allen Immelt, 66. General Electric year end employment has varied from 273,000 in 2010 to 305,000 in 2014, a net increase of 37,000. Immelt has been involved in philanthropy. However, Immelt's presentation before the board was an unmitigated disaster. Watch the project unfold as Rebecca takes you behind the scenes of this "one of a kind" YouTube Interior Design Video where she reveals all of the steps along the . Wife of Jeff Immelt Relationships Interlocks Giving Data. All Filters. Immelt served as chairman of The Business Council, a nonpartisan organization, in 2005 and 2006. This is a carousel. I really love the people, and I really feel like a different context needs to be painted around GE.". Jeff gets most of his income for being a CEO at General Electric and also working as Chairman of the board. GE announced in March that its new home will be built on 2.5 acres on Necco Way in Bostons Seaport District. Immelt had been with GE since 1982, when he graduated from Harvard with a Master of Business Administration degree. as an internal marketing consultant; then, he was promoted to district sales . He stepped down as CEO of the U.S.-based conglomerate General Electric (GE) on August 1, 2017 and retired from his position as chairman of the board of GE on October 2, 2017. Video of fatal police shooting of CT man will not be released yet, Cannabis activists want more CT criminal cases dropped, expunged, CT DOT faces criticism following overnight tree-cutting, Haar: Payouts at fading CT trash agency offer lessons in a crisis. If you do not know, we have prepared this article about details of Jeff Immelts short biography-wiki, career, professional life, personal life, todays net worth, age, height, weight, and more facts. His height is 1.76 meters tall, and his weight is 73 kg. Clemson awarded Immelt with an honorary doctorate and Immelt spoke of how GE hired many Clemson alumni at their gas turbine factory in Greenville, South Carolina.