Who is Jeffrey R. Immelt and what is his Net Worth?

Publish date: 2024-05-08

Jeffrey Robert Immelt, the business executive best known as the chairman and CEO of General Electric, has a net worth totaling a whopping $60 million. In addition to this, his annual salary amounts to $22 million.

Jeffrey Robert Immelt Wiki Biography

Born on February 19, 1956, in Cincinnati, Ohio, Jeffrey Robert Immelt is the son of Donna Rosemary, a school teacher, and Joseph Immelt, the manager of General Electric Aircraft Engines Division. He attended Finneytown High School in Springfield Township, Ohio before graduating from Dartmouth College in Hanover, New Hampshire, with a BA in Applied Mathematics and Economics cum laude in 1978. He furthered his education by earning an MBA from Harvard Business School in 1982.

Immelt’s career at General Electric began with an internal marketing consultant role after graduating from Harvard. Throughout his time with the company, he has held various executive positions, contributing significantly to General Electric’s success.

In 2001, Immelt took over as the CEO and chairman of General Electric, succeeding the renowned Jack Welch, who had propelled the company to national admiration. Immelt’s leadership saw him successfully navigate the company through various crises, including the 9/11 attack, the financial crisis, and the Great Recession. Despite these challenges, he solidified GE’s position as one of the country’s most successful companies.

Under Immelt’s guidance, General Electric reached significant milestones, securing a high ranking in the Fortune 500 and the Forbes Global 2000. His stellar performance as CEO earned him a total five-year compensation of $53.82 million through 2011, ranking him sixth among conglomerate executives in the USA.

Immelt’s notable achievements have not gone unnoticed. Throughout his tenure, he has been recognized with numerous awards, including being named “World’s Best CEO” three times by Barron’s, and featuring as one of the 100 most influential people in the world in Time magazine.

Furthermore, Immelt has contributed to philanthropic efforts, serving on the board of the Robin Hood Foundation and Catalyst, organizations focused on advancing social causes.

Jeffrey R. Immelt, a prominent figure in the business and philanthropic world, has made a significant impact on General Electric and beyond.

Structural Info

Full Name: Jeffrey R. Immelt

Net Worth: $60 Million

Salary: $22 Million

Date Of Birth: February 19, 1956

Place Of Birth: Camarillo, California, U.S.

Height: 1.93 m

Profession: Business executive, Chairman and CEO of General Electric

Education: Finneytown High School, Dartmouth College, Harvard Business School

Nationality: American

Spouse: Andrea Immelt (m. 1986)

Children: Sarah Immelt

Parents: Donna Rosemary, Joseph Immelt

Siblings: Stephen J. Immelt

Twitter: https://twitter.com/jeffimmelt

LinkedIn: https://www.linkedin.com/in/jeffimmelt

Awards: Various awards and nominations across his career


[h3]Known for movies[/h3]

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