FAIRFIELD, Conn.--(BUSINESS WIRE)--July 31, 2002--GE's Chairman and Chief Executive Officer Jeff Immelt and Chief Financial Officer Keith Sherin today signed and filed sworn statements with the U.S. Securities and Exchange Commission (SEC) affirming the SEC filings made by the Company in 2002.
The documents for which Immelt and Sherin signed include GE's 10-K for 2001, its 10-Qs for first and second quarters of 2002, and its 2002 proxy statement.
FAIRFIELD, Conn.--(BUSINESS WIRE)--July 29, 2002--Ralph S. Larsen, 63, former Chairman of the Board and Chief Executive Officer of Johnson & Johnson, has been elected to the board of the General Electric Company, the world's largest diversified services, technology and manufacturing company. His election brings the membership of GE's board to 17.
FAIRFIELD, Conn.--(BUSINESS WIRE)--July 26, 2002--GE Chairman and CEO Jeff Immelt today announced organization changes that will result in GE Capital, the Company's diversified financial services business, becoming four separate GE financial services businesses.
Effective August 1, 2002, GE Capital will become GE Commercial Finance, GE Insurance, GE Consumer Finance and GE Equipment Management. Each of the businesses will report directly to Immelt and GE Vice Chairman Dennis Dammerman, who has oversight for GE Capital.
GE Plastics, GLS Corporation Announce Joint Development Agreement PITTSFIELD, Mass.--(BUSINESS WIRE)--July 25, 2002-- Companies Will Develop, Market, and Distribute Thermoplastic Customer Solutions using New Softfx(TM) VISUALfx(TM) Material GE Plastics, a division of General Electric Company (NYSE: GE), headquartered here, and GLS Corporation, headquartered in McHenry, IL announced today a joint development agreement in which the companies will collaborate on complimentary grades of engineering thermoplastics and elastomers to provide new and exciting solutions to customers in a wide variet
GE Power Systems Announces Plans to Reduce Workforce
Due to Lower Equipment Demand
ATLANTA--(BUSINESS WIRE)--July 23, 2002--GE Power Systems (GEPS)
has announced plans to eliminate approximately 2,500 jobs over the
next nine months and expectations of further reductions in late 2003
in response to the reduction in the demand for power generation
equipment.
The announced employment reductions will occur primarily in the
turbine production facilities of its Energy Products business where
TOKYO & FAIRFIELD, Conn.--(BUSINESS WIRE)--July 10, 2002--General Electric today announced the following personnel moves affecting four key business leaders in its Japan operation.
Effective September 1, Nobuhiko Ito, 55, will assume the position as President, CEO and Representative Director of GE Edison Life. Ito will be elected to the position of Executive Vice President and Chief Operating Officer of the company at the upcoming Shareholder's meeting on July 19. Nobuhiko Ito has been president of GE Yokogawa Medical Systems Ltd. since 1999.
GE Plastics Shifts Asia Pacific Headquarters to
Shanghai; Company Cites Growth of Customer Base in China
SHANGHAI, PRC--(BUSINESS WIRE)--June 26, 2002--With a large,
growing customer base in China, GE Plastics, a division of General
Electric Company (NYSE: GE) with global headquarters in Pittsfield,
Mass. U.S.A., today announced that it will transfer its Asia Pacific
headquarters to Shanghai this year. The company made its announcement
at Chinaplas 2002, taking place from June 25 through 29 at the
FAIRFIELD, Conn.--(BUSINESS WIRE)--June 19, 2002--General Electric today announced the appointment of three company officers.
Ruben C. Berumen, 45, is President and CEO, Power Controls B.V. at GE Industrial Systems. His previous position was President and CEO of GE Medical Systems OEC and General Manager, Global Vascular and X-Ray. Berumen holds a master's degree in international management from the American School of International Management and a bachelor's degree in electrical engineering from the University of Notre Dame.
EVENDALE, OHIO--April 29, 2002--Daniel C. Heintzelman, 45, has been named vice president and general manager of GE Engine Services (GEES), a leading global supplier of aviation maintenance and support services. He replaces George Oliver, who has been named president of GE Betz, a water treatment services business recently acquired by GE
Specialty Materials.
