Word: immelt
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Dates: during 2000-2009
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Take General Electric. Its Ecomagination initiative centers on a line of 45 green products, including wind turbines and next-generation jet engines that go easy on the earth but land nicely on the balance sheet. Chairman and CEO Jeffrey Immelt set a goal of generating more than $20 billion in revenue from Ecomagination by 2010, and by 2006 the company had hit the $12 billion mark...
...Zucker] got his hands dirty and got involved in the details.” The ascent of Zucker has been rumored for many months and was confirmed by several sources within NBC Universal to several major US newspapers, according to stories in those papers. General Electric Chairman Jeffrey R. Immelt told the New York Times in a November interview that Wright was “getting close to retirement,” and then proclaimed himself a “Jeff Zucker fan.” Recently, NBC suffered a slump in ratings that temporarily put it in last place...
...alternative energy, business moved into the vacuum, lured primarily by potential profits. In 2005 Goldman Sachs pledged to invest $1 billion in renewable energy, while Cleantech Venture Network estimates that $10 billion in venture capital will be directed to green technology from 2005 to 2009. Under CEO Jeff Immelt's Ecomagination initiative, GE has committed to spending $1.5 billion a year on renewable energy and other green research by 2010. That's already translating to sales today; the company reported revenues of $10.1 billion from environmental products in 2005, up from $6.2 billion in 2004. "What GE is doing...
...Those close to Clinton say he has similarly ambitious hopes for his Clinton Global Initiative. In its inaugural conference last October in New York, Clinton brought together celebrities, business moguls and world leaders from Mick Jagger and Angelina Jolie to General Electric Chairman Jeff Immelt and Starbucks President Jim Donald to British Prime Minister Tony Blair and Secretary of State Condoleezza Rice. To be invited to the Davos-style gathering, each guest was expected to promise to do something specific within a year in one of the conference subject areas: worldwide poverty, religious conflict, corruption and global warming. It claimed...
...Jeff Immelt...