The General Electric Company, or GE (NYSE: GE), is an American multinational conglomerate corporation incorporated in New York.[3] The Company operates through five segments: Energy Infrastructure, Technology Infrastructure, Capital Finance and Consumer & Industrial.[4] In 2010, Forbes ranked GE as the world's second largest company after JPMorgan Chase,[5] based on a formula that compared the total sales, profits, assets, and market value of several multinational companies.[6] The company has 287,000 employees around the world.

General Electric Company (GE), incorporated in 1892, is a diversified technology, media and financial services company. The Company’s products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. The Company serves customers in more than 100 countries. The Company operates through five segments: Energy Infrastructure, Technology Infrastructure, NBC Universal (NBCU), Capital Finance and Consumer & Industrial. In March 2010, the Company sold its GE Security business to United Technologies.
In January 2009, the Company acquired Interbanca S.p.A. In March 2009, Teleflex Incorporated completed the sale of its 51% share of Airfoil Technologies International - Singapore Pte. Ltd., to GE. On March 20, 2009, the Company increased its ownership in ATI-Singapore from 49% to 100% and concurrently acquired a controlling financial interest in certain affiliates. In June 2009, it acquired a controlling interest in BAC Credomatic GECF Inc. (BAC). On June 25, 2009, the Company increased its ownership in BAC from 49.99% to 75%. In September 2009, the Company sold its 81% interest in Homeland Protection business (GE Homeland Protection) to Safran SA. In September 2009, the Company completed the acquisition of ScanWind. In September 2009, Moog Inc. completed the acquisition of the Company’s GE Aviation Systems’ flight control actuation business. In November 2009, GE Aviation acquired Naverus, Inc.
Energy Infrastructure
The Company’s Energy Infrastructure segment is engaged in the field of development and implementation of products and technologies. Its operations are located in North America, Europe, Asia, South America and Africa. Energy serves power generation, industrial, government and other customers worldwide with products and services related to energy production, distribution and management. The Company offers wind turbines as part of its renewable energy portfolio, which also includes solar technology. It also sells aircraft engine derivatives for use as industrial power sources. It sells gas turbines and generators that are used principally in power plants for generation of electricity and for industrial cogeneration and mechanical drive applications. GE is a provider of integrated gasification combined cycle (IGCC) technology design and development. IGCC systems convert coal and other hydrocarbons into synthetic gas that, after cleanup, is used as the primary fuel for gas turbines in the combined-cycle systems.
GE sells steam turbines and generators to the electric utility industry and to private industrial customers for cogeneration applications. Nuclear reactors, fuel and support services for both new and installed boiling water reactors are offered through joint ventures with Hitachi and Toshiba. In addition, the Company designs and manufactures motors and control systems used in industrial applications primarily for oil and gas extraction and mining. The Company provides its customers with total solutions to meet their needs through a complete portfolio of aftermarket services, including equipment upgrades, long-term maintenance service agreements, repairs, equipment installation, monitoring and diagnostics, asset management and performance optimization tools, remote performance testing and Dry Low NOx (DLN) tuning.
Energy offers water treatment solutions for industrial and municipal water systems, including the supply and related services of specialty chemicals, water purification systems, pumps, valves, filters and fluid handling equipment for improving the performance of water, wastewater and process systems, including mobile treatment systems and desalination processes. Effective January 1, 2010, the Sensing and Inspection Technologies and Digital Energy businesses of the Enterprise Solutions business in the Technology Infrastructure segment and the Industrial business in the Consumer and Industrial segment became part of the Energy business.
Oil and gas supplies equipment for the global oil and gas industry, used in applications such as spanning drilling and completion through production, liquefied natural gas (LNG) and pipeline compression, pipeline inspection, and including downstream processing in refineries and petrochemical plants. It designs and manufactures surface and subsea drilling and production systems, equipment for floating production platforms, compressors, turbines, turboexpanders, high pressure reactors, industrial power generation and a portfolio of auxiliary equipment. The Company has over 40 service centers and workshops in oil and gas extraction and production regions. It also provides upgrades to customers’ machines.
Technology Infrastructure
Technology Infrastructure segment is a provider of essential technologies to developed, developing and emerging countries. The Company is facilitating to build healthcare, transportation and technology infrastructure worldwide. Its operations are located in North America, Europe, Asia and South America. Aviation produces, sells and services jet engines, turboprop and turbo shaft engines and related replacement parts for use in military and commercial aircraft. Its military engines are used in a variety of aircraft, including fighters, bombers, tankers, helicopters and surveillance aircraft, as well as marine applications, and its commercial engines power aircraft in all categories of range, including short/medium, intermediate and long-range, as well as executive and regional aircraft. The Company also produces and markets engines through CFM International, a company jointly owned by GE and Snecma, a subsidiary of SAFRAN of France, and Engine Alliance, LLC, a company jointly owned by GE and the Pratt & Whitney division of United Technologies Corporation. New engines are also being designed and marketed in joint ventures with Rolls-Royce Group plc and Honda Aero, Inc., a division of Honda Motor Co., Ltd.
Aviation, under joint venture agreements, supplies certain engine components and retains related intellectual property rights. The CFM56 engine line is the product of CFM International and the GP7000 engine line is the product of Engine Alliance, LLC. Aviation also produces global aerospace systems and equipment, including airborne platform computing systems, power generation and distribution products, mechanical actuation products and landing gear, various engine components for use in both military and commercial aircraft. It provides maintenance, component repair and overhaul services (MRO), including sales of replacement parts for models of engines and repair and overhaul of engines. These MRO services are often provided under long-term maintenance contracts.
Enterprise solutions offers integrated solutions using sensors for temperature, pressure, moisture, gas and flow rate, as well as non-destructive testing inspection equipment, including radiographic, ultrasonic, remote visual and eddy current. Enterprise solutions also offers security and life safety technologies, including intrusion and access control, video surveillance and sensor monitoring equipment, fire detection and real estate and property control. In addition, it provides protection and control, communications, power sensing and power quality products and services. Plant automation, hardware, software and embedded computing systems, including controllers, embedded systems, advanced software, motion control, operator interfaces and industrial computers are also provided by enterprise solutions. Products and services are sold to residential, commercial and industrial end-users, including utilities, original equipment manufacturers, electrical distributors, retail outlets, airports, railways, and transit authorities.
During the year ended December 31, 2009, enterprise solutions sold an 81% interest in its safety screening and detection business, GE Homeland Protection, Inc., to SAFRAN. GE also dissolved its joint venture with FANUC Ltd. resulting in GE retaining the global software, services, embedded systems and control systems businesses. Effective January 1, 2010, the retained portion of the GE Fanuc Intelligent Platforms business was included in its Home and Business Solutions. The Sensing and Inspection Technologies and Digital Energy businesses became part of the energy business within the Energy Infrastructure segment.
Healthcare manufactures, sells and services a range of medical equipment that helps provide a non-invasive way for doctors to see broken bones, diagnose trauma cases in the emergency room (ER), view the heart and its function, and identify early stages of cancers or brain disorders. With X-ray, digital mammography, computed tomography (CT), magnetic resonance (MR) and molecular imaging technologies, healthcare creates products that allow clinicians to see inside the human body clearly. In addition, healthcare manufactured technologies include patient monitoring, diagnostic cardiology, ultrasound, bone densitometry, anesthesiology and oxygen therapy, and neonatal and critical care devices. Medical diagnostics and life sciences products include diagnostic imaging agents used in medical scanning procedures, drug discovery, biopharmaceutical manufacturing and cellular technologies. The Company’s product services include remote diagnostic and repair services for medical equipment manufactured by GE and by others, as well as computerized data management and customer productivity services.
Transportation provides technology solutions for customers in a variety of industries, including railroad, transit, mining, oil and gas, power generation and marine. It serves customers in more than 100 countries. Transportation manufactures high-horsepower, diesel-electric locomotives, including the Evolution Series. It also offers drive technology solutions to the mining, transit, marine and stationary, and drilling industries. It motors operate in applications from electrical drive systems for large haulage trucks used in the mining industry to transit cars and drilling rigs, and its engines are used for marine power, as well as stationary power generation applications. It also provides gearing technology for applications such as, wind turbines. Transportation also provides a portfolio of service, including repair services, locomotive enhancements, modernizations, and information-based services like remote monitoring and diagnostics. It provides train control products, railway management services, and signaling systems for railroad owners and operators.
NBC Universal
NBC Universal is a diversified media and entertainment company focused on the development, production and marketing of entertainment, news and information. NBCU, which is 80% owned by GE and 20% owned by Vivendi S.A., is engaged in the production and distribution of film and television programming; the operation of cable/satellite television networks; the broadcast of network television through owned and affiliated television stations within the United States, and investment and programming activities in digital media and the Internet. GE’s film company, Universal Pictures, is engaged in the production and worldwide distribution of theatrical, home entertainment and television programming. It owns the theme park Universal Studios Hollywood, operates and holds an ownership interest in the Universal Studios Florida theme parks and brand, and designs and develops international theme parks under exclusive licenses.
GE’s cable/satellite television networks provide produced and acquired entertainment, news and information programming to households worldwide. Its cable/satellite television networks include the USA, Bravo, CNBC, SYFY, MSNBC, Oxygen, UniHD, Chiller, Sleuth, mun2 and branded channels across Europe, Asia and Latin America. The NBC television network is a United States commercial broadcast television network. Together, the NBC television network and Telemundo, its United States Spanish-language broadcast television network, serve 234 affiliated stations within the United States. At December 31, 2009, the Company owned and operated 26 television stations. It has exclusive United States television rights to the 2010 and 2012 Olympic Games, National Football League Sunday Night Football and the Super Bowl in 2012. NBCU operates throughout North America, Europe, South America and Asia.
Capital Finance
Capital Finance segment offers a range of financial products and services worldwide. Services include commercial loans, operating leases, fleet management, financial programs, home loans, credit cards, personal loans and other financial services. In 2009, General Electric Capital Corporation (GE Capital) provided credit to approximately 14,200 new commercial customers and 40,000 new small businesses in the United States, and as of December 31, 2009, it had extended credit to more than 346,000 commercial customers and 174,000 small businesses through retail programs in the United States. Its operations are located in North America, South America, Europe, Australia and Asia. Effective January 1, 2010, the Capital Finance segment was renamed GE Capital and included all of the operations of GE Capital. In addition, the Transportation Financial Services business, formerly a part of GE Capital Aviation Services (GECAS), will be included in Commercial Lending and Leasing (CLL) and its consumer business in Italy, formerly a part of consumer, will be included in CLL.
CLL provides customers worldwide with a range of financing solutions. It offers loans, leases and other financial services to customers, including manufacturers, distributors and end users for a variety of equipment and capital assets. These assets include industrial-related facilities and equipment; vehicles; corporate aircraft, and equipment used in many industries, including the construction, manufacturing, transportation, media, communications, entertainment and healthcare industries. The Company’s acquisition of Interbanca S.p.A. was in exchange for the consumer businesses in Austria and Finland, the credit card and auto businesses in the United Kingdom and the credit card business in Ireland. In 2009, the Company deconsolidated Penske Truck Leasing Co., L.P. (PTL) following its sale of a partial interest in a limited partnership in PTL.
Consumer, through consolidated entities and associated companies, is a provider of financial services to consumers and retailers in over 40 countries worldwide. It offers a range of financial products to suit customers’ needs, including private-label credit cards, personal loans, bank cards, auto loans and leases, mortgages, debt consolidation, home equity loans, deposit and other savings products, and small and medium enterprise lending. In 2009, the Company completed the sale of a portion of its Australian residential mortgage business.
Real estate offers a range of capital and investment solutions, including equity capital for acquisition or development, as well as fixed and floating rate mortgages for new acquisitions or re-capitalizations of commercial real estate worldwide. Its business finances, with both equity and loan structures, the acquisition, refinancing and renovation of office buildings, apartment buildings, retail facilities, hotels, parking facilities and industrial properties. The Company’s real estate loans are intermediate term, senior, fixed or floating-rate, and are secured by existing income-producing commercial properties. The Company invests in, and provides restructuring financing for, portfolios of mortgage loans, limited partnerships and tax-exempt bonds.
Energy Financial Services offers equity, debt, leasing, partnership financing, project finance and broad-based commercial finance to the global energy and water industries. Energy Financial Services also owns an interest in Regency Energy Partners LP, a partnership engaged in the gathering, processing, transporting and marketing of natural gas and gas liquids. GE Commercial Aviation Services (GECAS) is engaged in commercial aircraft leasing and finance, delivering fleet and financing solutions to companies across the aviation industry. Its product offerings include leases and secured loans on commercial passenger aircraft, freighters and regional jets; engine leasing and financing solutions; aircraft parts solutions, and airport equity and debt financing. The Company also co-sponsors an infrastructure private equity fund, which invests in large infrastructure projects, including gateway airports. GECAS also has in its portfolio an array of products including leases, debt and equity investments to the global transportation industry (marine, rail and intermodal).
Consumer and Industrial
Consumer and Industrial segment invests in the development of differentiated products, such as solutions for both consumers and businesses. While some Consumer and Industrial products, such as major appliances are primarily directed to consumer applications, and some primarily to industrial applications, such as switchgear, others, such as lighting, are directed to both markets. The Company sells and services home appliances, including refrigerators, freezers, electric and gas ranges, cooktops, dishwashers, clothes washers and dryers, microwave ovens, room air conditioners and residential water systems for filtration, softening and heating. The brands include GE Monogram, GE Profile, GE, Hotpoint and GE Cafe. The Company manufactures certain products, and also source finished product and component parts from third-party global manufacturers.
Consumer and Industrial provides integrated electrical equipment and systems used to distribute, protect and control energy and equipment. The Company manufactures and distributes electrical distribution and control products, lighting and power panels, switchgear and circuit breakers that are used to distribute and manage power in a variety of residential, commercial, consumer and industrial applications. It also provides customer-focused solutions centered on the delivery and control of electric power, and market a variety of commercial lighting systems. Effective January 1, 2010, the Industrial business became part of the energy business within the Energy Infrastructure segment and the appliances and lighting portion of the Consumer and Industrial business became part of the Company’s Home and Business Solutions segment.


As part of its effort to shift emphasis to higher growth fields, General Electric completed two significant acquisitions in healthcare. In October 2003, Instrumentarium Corp. was acquired for $2.3 billion. Based in Finland, Instrumentarium was a major medical-equipment maker with a product line that featured devices for anesthesia, critical care, and patient monitoring. That same month, GE agreed to buy Amersham plc, a British firm specializing in diagnostics agents used during scans of the body for disease, gene-sequencing tools, and protein separation for high-tech drug development. Consummated in April 2004 and valued at about $9.5 billion, the purchase of Amersham stood, very briefly, as the largest acquisition in General Electric history. Following the Amersham acquisition, GE Medical Systems, now a $14 billion business, was renamed GE Healthcare. Based in the United Kingdom--the first GE unit to be headquartered outside the United States--GE Healthcare was headed by Amersham's former chief executive, William Castell; Castell was also named a GE vice-chairman, the first outsider to be so named.
Meanwhile, also in October 2003, General Electric announced an even larger deal, a $14 billion acquisition of Vivendi Universal Entertainment (VUE), the U.S. unit of the French group Vivendi Universal S.A. Among VUE's assets were the Universal Pictures movie studio, the specialty film unit Focus Features, the Universal Television production outfit, cable channels USA Network and Sci-Fi Channel, and theme parks in California, Florida, Japan, and Spain. Upon completion of the deal in May 2004, NBC was merged with VUE to form NBC Universal, which was 80 percent owned by GE and 20 percent by Vivendi. This expansion into entertainment content mimicked earlier combinations involving the ABC and CBS television networks.
Continuing his transformative leadership, Immelt reorganized GE's 13 business units into 11 focused on specific markets and customers. The reorganization, effective at the beginning of 2004, brought similar businesses together in an effort to increase sales and cut costs. The most significant of the changes included combining the firm's aircraft engines business and its rail-related operations in a new GE Transportation unit; merging most of GE Industrial Systems with GE Consumer Products to form GE Consumer & Industrial, which focused on lighting products, appliances, and integrated industrial equipment, systems, and services; and forming GE Infrastructure from certain operations of GE Industrial Systems and GE Specialty Materials. Also in January 2004, GE continued disposing of its insurance operations. That month, General Electric launched an initial public offering (IPO) of about one-third of the stock of the newly formed Genworth Financial, Inc., which consisted of the bulk of GE's life and mortgage insurance businesses. The IPO was planned for completion by mid-2004, after which GE planned to make Genworth fully independent within three years. What was left of GE Insurance was mainly its reinsurance business, which was long rumored to be another candidate for divestment.
Overall, through the myriad moves engineered during just a few years in charge, Immelt was seeking to cut General Electric's reliance on financial services and mature industrial businesses in favor of such higher growth areas as healthcare and entertainment. He was also building operations in fast-growing economies such as China's. By 2005, GE was aiming to outsource $5 billion of parts and services from China and simultaneously grow sales in China to a like figure. Further divestments were also expected, and there had long been speculation that the slow-growing lighting and appliances businesses were prime candidates. Through initiatives such as these, Immelt hoped to return General Electric to double-digit earnings growth by 2005.
Principal Subsidiaries: American Silicones, Inc.; Bently Nevada, LLC; Caribe GE International Electric Meters Corp. (Puerto Rico); Cardinal Cogen, Inc.; Datex-Ohmeda, Inc.; Elano Corporation; GEAE Technology, Inc.; GE CGR Europe (France); GE Drives and Controls, Inc.; GE Druck Holdings Limited; GE Electric Canada, Inc.; GE Energy Europe, BV (Netherlands); GE Energy Parts Inc.; GE Energy Products, Inc.; GE Energy Services, Inc.; GE Energy Services-Dallas, LP; GE Engine Services Distribution, LLC; GE Engine Services, Inc.; GE Fanuc Automation Corporation (50%); GE Gas Turbines (Greenville) L.L.C.; GE Hungary Co., Ltd.; GE Interlogix, Inc.; GE Investment, Inc.; GE Keppel Energy Services Pte., Inc. (Singapore); GE Medical Global Technology Co., LLC; GE Medical Systems Information Technologies, Inc.; GE Medical Systems, Inc.; GE Packaged Power L.P.; GE Petrochemicals, Inc.; GE Plastic Finishing, Inc.; GE Plastics España ScPA (Spain & Canary Islands, Balearic Island); GE Plastics Pacific Pte. Ltd. (Singapore); GE Polymerland, Inc.; GE Power Systems Licensing Inc.; GE Quartz, Inc.; GE Silicones WV, LLC; GE Superabrasives, Inc.; GE Transportation Parts, LLC; GE Transportation Services, LLC; GE Transportation Systems Global Signaling, LLC; GEA Products LP; General Electric International (Benelux) BV (Netherlands); General Electric International, Inc.; Granite Services, Inc.; National Broadcasting Company; Nuclear Fuel Holding Co., Inc.; Nuovo Pignone Holding S.p.A. (Italy); OEC Medical Systems Inc.; PII Limited (U.K.); Reuter-Stokes, Inc.; Sensing Solutions, Inc.; Viceroy, Inc.; General Electric Capital Services, Inc.; General Electric Capital Corporation; GE Global Insurance Holding Corporation.
Principal Operating Units: GE Advanced Materials; GE Commercial Finance; GE Consumer Finance; GE Consumer & Industrial; GE Energy; GE Equipment Services; GE Healthcare; GE Infrastructure; GE Insurance; GE Transportation; NBC Universal (80%).
Principal Competitors: ABB Ltd.; ALSTOM; American International Group, Inc.; AREVA Group; BASF Aktiengesellschaft; CIGNA Corporation; CIT Group Inc.; Citigroup Inc.; AB Electrolux; General Motors Corporation; General Re Corporation; Halliburton Company; Honeywell International Inc.; Household International, Inc.; J.P. Morgan Chase & Co.; Matsushita Electric Industrial Co., Ltd.; Maytag Corporation; MBNA Corporation; The News Corporation Limited; Robert Bosch GmbH; Rolls-Royce plc; Royal Philips Electronics N.V.; Siemens AG; Time Warner Inc.; Toshiba Corporation; Tyco International Ltd.; United Technologies Corporation; Viacom Inc.; The Walt Disney Company; Whirlpool Corporation.



OVERALL
Beta: 1.66
Market Cap (Mil.): $211,325.00
Shares Outstanding (Mil.): 10,619.35
Annual Dividend: 0.60
Yield (%): 3.02
FINANCIALS
GE.N Industry Sector
P/E (TTM): 15.83 5.77 16.79
EPS (TTM): 32.07 -- --
ROI: 3.21 2.14 3.27
ROE: 11.25 4.94 5.86

Statistics:
Public Company
Incorporated: 1892
Employees: 305,000
Sales: $134.19 billion (2003)
Stock Exchanges: New York Boston London Euronext Paris
Ticker Symbol: GE
NAIC: 325211 Plastics Material & Resin Manuf.; 325413 In-Vitro Diagnostic Substance Manuf.; 333415 Air-Conditioning & Warm Air Heating Equip. & Comm. & Industrial Refrigeration Equip. Manuf.; 333611 Turbine & Turbine Generator Set Units Manuf.; 334510 Electromedical & Electrotherapeutic Apparatus Manuf.; 334512 Automatic Environ. Control Manuf. for Residential, Comm., & Appl. Use; 334515 Instrument Manuf. for Measuring & Testing Electricity & Electrical Signals; 335110 Electric Lamp Bulb & Part Manuf.; 335121 Residential Electric Lighting Fixture Manuf.; 335122 Comm., Industrial, & Institutional Electric Lighting Fixture Manuf.; 335221 Household Cooking Appl. Manuf.; 335222 Household Refrig. & Home Freezer Manuf.; 335224 Household Laundry Equip. Manuf.; 335228 Other Major Household Appl. Manuf.; 335311 Power, Distribution, & Specialty Transformer Manuf.; 335312 Motor & Generator Manuf.; 335313 Switchgear & Switchboard Apparatus Manuf.; 335931 Current-Carrying Wiring Device Manuf.; 336321 Vehicular Lighting Equip. Manuf.; 336412 Aircraft Engines & Engine Parts Manuf.; 336510 Railroad Rolling Stock Manuf.; 512110 Motion Picture & Video Prod.; 512120 Motion Picture & Video Distribution; 515120 Television Broadcasting; 515210 Cable & Other Subscription Programming; 522110 Comm. Banking; 522210 Credit Card Issuing; 522220 Sales Financing; 522291 Consumer Lending; 522292 Real Estate Credit; 524130 Reinsurance Carriers; 532411 Comm. Air, Rail, & Water Trans. Equip. Rental & Leasing; 532420 Office Machinery & Equip. Rental & Leasing; 532490 Other Comm. & Industrial Machinery & Equip. Rental & Leasing; 541710 Research & Development in the Physical, Engineering, & Life Sciences; 713110 Amusement & Theme Parks

Key Dates:
1878: Thomas Edison establishes the Edison Electric Light Company.
1889: Edison has, by this date, consolidated all of his companies under the name of the Edison General Electric Company.
1892: Edison's company merges with the Thomson-Houston Electric Company to form General Electric Company (GE); company's stock begins trading on the New York Stock Exchange.
1894: Edison sells all his shares in the company, remaining a consultant to GE.
1900: GE establishes the first industrial laboratory in the United States.
1903: Stanley Electric Manufacturing Company of Pittsfield, Massachusetts, a manufacturer of transformers, is acquired.
1906: The first GE major appliance, an electric range, is introduced.
1918: GE merges with Pacific Electric Heating Company, maker of the Hotpoint iron, and Hughes Electric Heating Company, maker of an electric range; company forms Edison Electric Appliance Company to sell products under the GE and Hotpoint brands.
1919: GE, AT&T, and Westinghouse form the Radio Corporation of America (RCA) to develop radio technology.
1924: GE exits from the utilities business following government antitrust action.
1930: Company sells its holdings in RCA because of antitrust considerations.
1938: GE introduces the fluorescent lamp.
1943: General Electric Capital Corporation is established.
1949: Under antitrust pressure, the company is forced to release its light bulb patents to other companies.
1955: The U.S. Navy launches the submarine Seawolf, which is powered by a GE nuclear reactor.
1957: GE receives a license from the Atomic Energy Commission to operate a nuclear power plant; an enormous appliance manufacturing site, Appliance Park, in Louisville, Kentucky, is completed.
1961: The company pleads guilty to price fixing on electrical equipment and is fined nearly half a million dollars.
1976: GE spends $2.2 billion to acquire Utah International, a major coal, copper, uranium, and iron miner and a producer of natural gas and oil.
1981: John F. (Jack) Welch, Jr., becomes chairman and CEO.
1986: Company acquires RCA, which includes the National Broadcasting Company (NBC), for $6.4 billion; Employers Reinsurance is also acquired for $1.1 billion, as well as an 80 percent stake in Kidder Peabody.
1987: GE sells its own and RCA's television manufacturing businesses to the French company Thomson in exchange for Thomson's medical diagnostics business.
1994: Company liquidates Kidder Peabody.
1998: Revenues surpass $100 billion.
2000: GE announces a $45 billion deal to take over Honeywell International Inc.
2001: Honeywell deal is blocked by European Commission; Welch retires and is succeeded by Jeffrey R. Immelt; Heller Financial Inc., a global commercial finance company, is acquired for $5.3 billion.
2002: NBC acquires Telemundo Communications Group Inc.
2004: British health sciences firm Amersham plc is acquired for $9.5 billion; in $14 billion deal, GE buys Vivendi Universal Entertainment, which is combined with NBC to form NBC Universal.

Name Age Since Current Position
Immelt, Jeffrey 55 2001 Chairman of the Board, Chief Executive Officer
Sherin, Keith 52 2007 Vice Chairman, Chief Financial Officer
Rice, John 54 2010 Vice Chairman, President & CEO - Global Growth & Operations
Krenicki, John 48 2008 Vice Chairman; President & CEO of GE Energy Infrastructure
Neal, Michael 57 2010 Vice Chairman; President & CEO of GE Capital Services, Inc.
Denniston, Brackett 63 2004 Senior Vice President, General Counsel
Cassidy, Kathryn 56 2009 Senior Vice President, GE Treasurer
Lynch, John 58 2007 Senior Vice President - Human Resources
Daley, Pamela 58 2004 Senior Vice President - Corporate Business Development
Miller, Jamie 42 2008 Vice President, Controller, Chief Accounting Officer
Penske, Roger 74 1994 Director
Cash, James 63 1997 Independent Director
Nunn, Samuel 72 1997 Independent Director
Jung, Andrea 52 1998 Independent Director
Warner, Douglas 64 1992 Independent Director
Fudge, Ann 60 1999 Independent Director
Lazarus, Rochelle 63 2000 Independent Director
Larsen, Ralph 72 2002 Independent Director
Lafley, Alan 63 2002 Independent Director
Swieringa, Robert 68 2002 Independent Director
Castell, William 63 2006 Independent Director
Lane, Robert 62 2005 Independent Director
Hockfield, Susan 59 2006 Independent Director
Mulva, James 64 2008 Independent Director
Beattie, William 51 2009 Independent Director
Tisch, James 58 2010 Independent Director

Address:
3135 Easton Turnpike
Fairfield, Connecticut 06828-0001
U.S.A.
 
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