GE CEO Immelt to Step Down After 16 Years

By [email protected] The leader of General Electric is handing over the reins after 16 years.

Jeff Immelt took charge of the massive industrial company shortly after the 9/11 terrorist attacks and steered the business through the upheavals of the global recession.

He oversaw a proliferation of GE’s activities in energy and the grid edge: the Ecomagination sustainability initiative, leadership in wind turbine manufacturing, smart grid analytics, GE Current, more efficient gas turbines, storage paired with power plants, and machine learning to predict power plant wear and tear before it happens.

GE Healthcare CEO John Flannery has taken over Immelt’s role as CEO, and will assume

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