CHICAGO--(BUSINESS WIRE)--March 21, 2003-- Stressed Economy Causes Focus on Cost Containment Railroads face unique challenges, says D. Oscar Groomes, the newly appointed CEO of GE Rail Services in Chicago.
They do not operate over a public right of way. Their tracks and freight yards are their own private property, which they must maintain and manage out of their own revenues.
business unit
tags
PITTSFIELD, Mass.--(BUSINESS WIRE)--March 19, 2003--John Krenicki, President and CEO of GE Plastics, a division of General Electric Company (NYSE: GE) headquartered here, announced today a series of executive moves designed to drive business growth in key markets and regions globally.
Effective immediately, Krenicki has named Andre Horbach, 40, Vice President GEP Automotive; Golnar Motahari-Pour, 46, Vice President GEP Europe; and Hank Reeves, 43, Vice President GEP Americas.
business unit
tags
SAN JOSE, CALIFORNIA (March 10, 2003) --- Andrew White has been named President of GE NuclearEnergy, Inc., a GE Power Systems business. White has over 20 years of experience with GE Power Systems and was recently named a company officer. He most recently served as General Manager, Installation and Field Services, based in Atlanta, Georgia.
business unit
tags
FAIRFIELD, Conn.--(BUSINESS WIRE)--March 7, 2003--GE's 2002 Annual Report is now available on the company's Web site at www.ge.com/investor.
The report, titled "Only GE," includes Chairman and CEO Jeff Immelt's letter to stakeholders, in which he discusses the company's performance in 2002 and defines his team's strategy to transform GE into a "global Technology, Services and Financial enterprise capable of expanding growth, cash, and returns on capital through the cycles."
business unit
tags
FAIRFIELD, Conn.--(BUSINESS WIRE)--Jan. 27, 2003--The General Electric Company today announced that Marc J. Saperstein has been named to the newly created role of vice president, corporate citizenship, to oversee GE's philanthropic and volunteer efforts.
Saperstein will oversee the GE Fund, GE's 50-year-old philanthropic foundation, as well as GE Elfun, GE's global organization of employees and retirees committed to improving communities through volunteerism. The GE family contributed more than $120 million to community and educational institutions last year.
business unit
tags
FAIRFIELD, Conn.--(BUSINESS WIRE)--Jan. 15, 2003--GE will Webcast its conference call on fourth-quarter and 2002 financial results on Friday, January 17 at 8:30 a.m. EDT.
The conference call will follow the Company's news release on results, which will be available at approximately 6 a.m. that morning. The call and related materials will be available at www.ge.com/investor.
business unit
tags
FAIRFIELD, Conn.--(BUSINESS WIRE)--Jan. 13, 2003--General Electric Company today issued the following statement regarding the two-day strike (Tuesday, January 14 and Wednesday, January 15) planned by the International Union of Electronic Workers/Communications Workers of America (IUE/CWA) and the United Electrical, Radio and Machine Workers of America (UE) concerning changes in employee health-care costs: