The John Flannery era at General Electric Co. is under way.
For the past 17 years, GE has been led by Jeff Immelt, who reshaped the company into the industrial powerhouse it has become today, focused on high-tech manufacturing in the energy, transportation and health care sector. Immelt's last day as CEO was July 31. Flannery, one of his top lieutenants, took over Aug. 1.
For the past 17 years, GE has been led by Jeff Immelt, who reshaped the company into the industrial powerhouse it has become today, focused on high-tech manufacturing in the energy, transportation and health care sector. Immelt's last day as CEO was July 31. Flannery, one of his top lieutenants, took over Aug. 1.
The GE transformation under Immelt has been a good one for the Capital Region. Although Immelt sold off commodity businesses like plastics and silicones that had local plants, he invested heavily in GE's Schenectady County operations, home to GE Power and the GE Global Research Center.
GE employs roughly 7,000 people locally making it one of the most important – and indispensable – companies to the region and the state.
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