Jeffrey Robert Immelt (born February 19, 1956) is an American manufacturing executive working as a venture partner at New Enterprise Associates.

[6]: 26 Immelt joined General Electric in 1982, working in GE's plastics, appliances, and healthcare businesses.

Four days after Immelt became CEO,[15] the September 11 attacks took place which cost GE's insurance division $600 million, killed two employees and directly affected the company's Aircraft Engines sector.

[citation needed] After becoming CEO, Immelt offered an expanded set of financial reports in addition to GE's traditional format.

[24][25][26][27] During Immelt's tenure as CEO, the company's financial performance suffered considerably, as shares of GE dropped 30 percent, while the S&P 500 rose by 134% over the same period of time, which had led to suspicions of his managerial competencies to be called into question when running the day-to-day operations of the corporation.

[28] GE restated its earnings in 2005[29] and agreed to pay the SEC $50 million to settle allegations of accounting fraud in 2009.

[35] At the end of 2001 when Immelt replaced Jack Welch, GE employed 219,000 worldwide and 125,000 in the US, as reported in its SEC Form 10K for 2001.

[citation needed] General Electric year end employment has varied from 273,000 in 2010 to 305,000 in 2014, a net increase of 37,000.

[39] Immelt had a total five year compensation of $53.82 million through 2011, an income which ranked sixth among executives employed by US-based conglomerates.

[45] Immelt was initially a top candidate to become CEO of Uber, replacing founder Travis Kalanick.

[46]: 313, 318  However, Immelt's presentation before the board was poorly received; one director called it "a bad joke," and even Kalanick soured on him.

[46]: 322–324 On February 7, 2018, Immelt became the executive chairman of the board at athenahealth, a private American health care company that provides network-enabled services for point-of-care mobile apps.

[54] On June 30, 2020, Immelt was announced as an advisor to Built Robotics, a company develops vehicular automation hardware and software.

He announced a series of initiatives with NFL Commissioner Goodell including a GE investment of $40 million to develop diagnostic equipment for use in head trauma injuries, and GE's participation in a separate $20 million effort to develop safer helmets and other equipment.

[74] In 2009, Immelt won the Oslo Business for Peace Award, an award chosen by winners of the Nobel Prizes in Economics and Peace and given to managerial executives in the private sector who have demonstrated transformative and positive change through ethical business practices.

"[77] In April 2015, Immelt won the 20th edition of the Leonardo International Prize "as a foreigner who reinforced his country's cultural and economic ties with Italy.

"[78] On 24 December 2015, Immelt was ranked by the British online business blog and magazine Richtopia at number 50 in the list of 500 Most Influential CEOs.

[79] In 2017, Immelt was honored with an Edison Achievement Award for his commitment to innovation throughout his executive managerial career.