| Business Summary | | General
Electric
Company
(GE)
is
a
diversified
industrial
company
engaged
in
developing,
manufacturing
and
marketing
a
wide
variety
of
products
for
the
generation,
transmission,
distribution,
control
and
utilization
of
electricity.
GE's
products
include
major
appliances,
lighting
products,
industrial
automation
products,
medical
diagnostic
imaging
equipment,
motors,
electrical
distribution
and
control
equipment,
locomotives;
power
generation
and
delivery
products,
nuclear
power
support
services
and
fuel
assemblies,
commercial
and
military
aircraft
jet
engines
and
engineered
materials
such
as
plastics,
silicones
and
super-abrasive
industrial
diamonds.
Through
its
affiliate,
the
National
Broadcasting
Company,
Inc.,
GE
delivers
network
television
services,
operates
television
stations
and
provides
cable,
Internet
and
multimedia
programming
and
distribution
services.
Through
another
affiliate,
General
Electric
Capital
Services,
Inc.,
GE
offers
a
broad
array
of
financial
and
other
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GE
is
a
diversified
industrial
corporation
whose
products
include
appliances,
lighting
products,
aircraft
engines
and
plastics.
GE
also
provides
television,
cable,
internet,
distribution,
engineering
and
financial
services.
For
six
months
ended
6/30/01,
net
sales
fell
1%
to
$62.47
billion.
Earnings
before
acct.
change
rose
16%
to
$6.91
billion.
Results
reflect
the
impact
of
the
U.S.
economic
slowdown,
offset
by
profits
from
Power
and
Medical
Systems
and
Aircraft
Engines. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| John Welch, Jr., Ph.D., 65 Chairman,
CEO | $16.8M | $57.1M | Jeffrey Immelt, 45 Pres,
Chairman-Elect, | 3.6M | 6.4M | Dennis Dammerman, 55 Vice
Chairman | 5.2M | 8.4M | Gary Rogers, 56 Vice
Chairman | -- | -- | Robert Wright, 57 Vice
Chairman | 5.0M | 12.3M | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|