Jeffrey R. Immelt
Chairman of the Board and Chief Executive Officer
General Electric Company
Fairfield , CT
Sector: CONGLOMERATES / Conglomerates
Officer since January 1989
53 Years Old
Jeffrey R. Immelt, 53, Chairman of the Board and Chief Executive Officer, General Electric Company. Director since 2000. Mr. Immelt joined GE in corporate marketing in 1982 after receiving a degree in applied mathematics from Dartmouth College and an MBA from Harvard University. He then held a series of leadership positions with GE Plastics in sales, marketing and global product development. He became a vice president of GE in 1989, responsible for consumer services for GE Appliances. He subsequently became vice president of worldwide marketing product management for GE Appliances in 1991, vice president and general manager of GE Plastics Americas commercial division in 1992, and vice president and general manager of GE Plastics Americas in 1993. He became senior vice president of GE and president and chief executive officer of GE Medical Systems in 1996. Mr. Immelt became GE's president and chairman-elect in 2000, and chairman and chief executive officer in 2001. He is a director of the Federal Reserve Bank of New York, a trustee of Dartmouth College, and was recently named a member of President Obama's Economic Recovery Advisory Board.
| Forbes Rankings |
| 116th on the Forbes Executive Pay in 2008 |
| General Electric - 2nd on the Forbes Global 2000 in 2008 |
| 153rd on the Forbes Executive Pay in 2007 |
| General Electric - 4th on the Forbes Global 2000 in 2007 |
| 67th on the Forbes Executive Pay in 2006 |
| See All Rankings > |
Compensation for 2008
| Salary | $3,300,000.00 |
| Bonus | $0.00 |
| Other Annual Compensation | $0.00 |
| Long term incentive plan payouts | $0.00 |
| Restricted stock awards | $6,860,318.00 |
| Security underlying options | $0.00 |
| All other compensation | $372,819.00 |
| Option awards $ | $0.00 |
| Non-equity incentive plan compensation | $0.00 |
| Change in pension value and nonqualified deferred compensation earnings | $3,563,466.00 |
| Total Compensation | $14,096,603.00 |
