FAIRFIELD, Conn.--(BUSINESS WIRE)--March 18, 2002--The General Electric Company announced today that Jeff Schaper has been named Chief Commercial Officer (CCO) and a member of GE's Corporate Executive Council (CEC).
Schaper has been Vice President, Sales for GE Industrial Systems since 1997. As GE's new CCO, he will be responsible for developing the talent and tools necessary to support GE customers. He will provide leadership for boundaryless sales, customer programs, the Commercial Leadership Program and initiatives on sales force effectiveness.
FAIRFIELD, Conn.--(BUSINESS WIRE)--March 18, 2002--GE continues to target 17-18% growth in ongoing earnings per share (EPS) this year, to $1.65-$1.67, before accounting changes, with upside if there is an economic recovery, GE Senior Vice President and Chief Financial Officer Keith S. Sherin told members of the financial community today during a meeting at the Company's John F. Welch Learning Center in Crotonville, New York.
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Fairfield, Conn., March 14, 2002 ---- GE had a successful year of transition in 2001 and continues to build on the business model that has enabled the Company to outpace S&P 500 earnings growth through every cycle of the past 23 years, Chairman and CEO Jeff Immelt writes in his first annual report letter to share owners, customers and employees.
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Dubai, UAE, March 13, 2002 ---- The General Electric Company (GE) has been named World's most admired company for the fourth successive year in the annual survey conducted by Fortune Magazine. In addition, it retains its leading position as America's most admired company for the fifth year in a row.
The magazine cites GE's depth of management strength and its consistent performance as reasons for its continuing place atop the list of both world and America's most admired companies.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--March 8, 2002--GE had a successful year of transition in 2001 and continues to build on the business model that has enabled the Company to outpace S&P 500 earnings growth through every cycle of the past 23 years, Chairman and CEO Jeff Immelt writes in his first annual report letter to share owners, customers and employees.
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GE Plastics Introduces Trend-Based Visualfx Portfolio of Effects to Help Auto Stylists Bring Ideas to Life DETROIT--(BUSINESS WIRE)--March 7, 2002-- Resins That Can Enable OEMs and Tiers to Take Vision a Step Beyond GE Plastics, a business of General Electric Company (NYSE:GE), has introduced automobile stylists and engineers to six new Visualfx(TM) resins that are based on an exclusive 2002 color and effects guide developed by fashion and aesthetics forecaster Agence de Style Peclers of Paris.
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SINGAPORE--(BUSINESS WIRE)--Feb. 28, 2002
Emirates, the Dubai-based international airline, today signed a Memorandum of Understanding (MOU) with the GE-P&W Engine Alliance for its GP7000 family of engines to power 22 firm and 10 option Airbus A380-800 aircraft.
Emirates Chairman, HH Sheikh Ahmed bin Saeed Al Maktoum, signed the MOU at the Asian Aerospace Show in Singapore to buy the engines, which have a list price, including options, of approximately $1.5 billion (US). Also signing the agreement was Lloyd Thompson, president of the GE-P&W Engine Alliance.