Jeffrey Immelt

GE Acknowledges CEO’s Achievements Last Year, But His Total Compensation Reduces 11.5%

GE acknowledges 2015 as one of the most successful business years in its history while recognizing CEO’s leadership contribution. Jeffrey Immelt, chairman and CEO of GE, has received $33 million compensation in total for 2015 which is 11.5% lower than the previous year. The compensation package has been disclosed through a regulatory filing with U.S. Securities and Exchange Commission.

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GE to invest $2 billion to boost African energy, infrastructure

General Electric Co (GE.N) on Monday pledged to invest $2 billion in Africa by 2018 to boost infrastructure, worker skills and access to energy, an announcement timed to coincide with a U.S. summit meeting of nearly 50 African leaders.

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General Electric Co CEO Jeffrey Immelt asks private investors for more investment in African healthcare

General Electric Co Chief Executive Officer Jeffrey Immelt has asked private investors to pour more funds in African nations where government-run services have been strained, Bloomberg reported.

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