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GE Infrastructure
GE Infrastructure was a subsidiary of General Electric, formed in 2005 as part of a company-wide reorganization under CEO Jeff Immelt, until it was split apart into GE Technology Infrastructure and GE Energy Infrastructure in another reorganization in 2008. The president and CEO of GE Infrastructure, John G. Rice, was transferred to GE Technology Infrastructure. When it was active, business units making up GE Infrastructure included: * GE Aviation (relocated to GE Technology Infrastructure) * GE Commercial Aviation Services (relocated to GE Capital) GE Energy(relocated to GE Energy Infrastructure) * GE Energy Financial Services (relocated to GE Capital) * GE Oil and Gas (relocated to GE Energy Infrastructure) * GE Transportation Systems GE Transportation is a Division (business), division of Wabtec. It was known as GE Rail and owned by General Electric until sold to Wabtec on February 25, 2019. The organization manufactures equipment for the Rail transport, railroad, marine, mi ...
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General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it will ...
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Infrastructure
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and private physical structures such as roads, railways, bridges, tunnels, water supply, sewerage, sewers, electrical grids, and telecommunications (including Internet access, Internet connectivity and Broadband, broadband access). In general, infrastructure has been defined as "the physical components of interrelated systems providing Commodity, commodities and services essential to enable, sustain, or enhance societal quality of life, living conditions" and maintain the surrounding environment. Especially in light of the massive societal transformations needed to Climate change mitigation, mitigate and Climate change adaptation, adapt to climate change, contemporary infrastructure conversations frequently focus on sustainable development and gre ...
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GE Technology Infrastructure
GE Technology Infrastructure is a business group of General Electric composed of three GE companies: GE Aviation, GE Healthcare, and GE Transportation. John G. Rice is president and CEO. A company-wide reorganization prompted by staggering financial losses led to the unit's formation in 2008 from companies within GE Infrastructure. GE Technology Infrastructure is a business group of General Electric composed of three GE companies: GE Aviation, GE Healthcare, and GE Transportation. John G. Rice is president and CEO. A company-wide reorganization prompted by staggering financial losses led to the unit's formation in 2008 from companies within GE Infrastructure. In 2008, GE as a company announced that it will reduce its divisions from six to four. The main divisions will now be GE Technology Infrastructure, GE Energy Infrastructure, GE Capital and NBC Universal. The new structure emphasizes priorities that attempts to shield G.E. from economic swings by divesting it of consumer units a ...
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GE Energy Infrastructure
GE Power (formerly known as GE Energy) is an American energy technology company, owned by General Electric. Structure As of July 2019, GE Power is divided into the following divisions: * GE Gas Power (formerly Alstom Power Turbomachines), based in Atlanta, Georgia. ** Gas turbines ** Heat recovery steam generators (HRSG) * GE Steam Power (formerly Alstom Power Systems), based in Baden, Switzerland. ** Steam turbines ** Electric generators ** Boilers ** Air Quality Control Systems (AQCS) * GE Power Conversion (formerly Converteam), based in Paris, France. * GE Energy Consulting History GE Energy (early years) GE Energy was a division of General Electric and was headquartered in Atlanta, Georgia, United States. In 2008, a company-wide reorganization prompted by financial losses led to the unit's formation from companies within GE Infrastructure division. Before this reorganization, GE had nine decades of history in industrial power production including building a recor ...
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President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like ''Robert's Rules of Order'' (e.g. the president can make an "executive decision" on ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ...
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Jeffrey R
Jeffrey may refer to: * Jeffrey (name), including a list of people with the name * ''Jeffrey'' (1995 film), a 1995 film by Paul Rudnick, based on Rudnick's play of the same name * ''Jeffrey'' (2016 film), a 2016 Dominican Republic documentary film *Jeffrey's, Newfoundland and Labrador, Canada *Jeffrey City, Wyoming, United States *Jeffrey Street, Sydney, Australia * Jeffrey's sketch, a sketch on American TV show ''Saturday Night Live'' *'' Nurse Jeffrey'', a spin-off miniseries from the American medical drama series ''House, MD'' *Jeffreys Bay, Western Cape, South Africa People with the surname * Alexander Jeffrey (1806–1874), Scottish solicitor and historian * Charles Jeffrey (footballer) (died 1915), Scottish footballer * E. C. Jeffrey (1866–1952), Canadian-American botanist *Grant Jeffrey (1948–2012), Canadian writer *Hester C. Jeffrey (1842–1934), American activist, suffragist and community organizer *Richard Jeffrey (1926–2002), American philosopher, logician, and pro ...
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GE Aviation
GE Aviation, a subsidiary of General Electric, is headquartered in Evendale, Ohio, outside Cincinnati. GE Aviation is among the top aircraft engine suppliers, and offers engines for the majority of commercial aircraft. GE Aviation is part of the General Electric conglomerate, which is one of the world's largest corporations. The division operated under the name of General Electric Aircraft Engines (GEAE) until September 2005. GE Aviation's main competitors in the engine market are Pratt & Whitney and Rolls-Royce. Not only does GE Aviation manufacture engines under its own umbrella, it also partners with other manufacturers. CFM International, the world’s leading supplier of aircraft engines and GE’s most successful partnership, is a 50/50 joint venture with the French company Safran Aircraft Engines. As of 2019, CFM International holds 39% of the world's commercial aircraft engine market share (while GE Aviation itself holds a further 16%). GE and Safran also operate anot ...
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GE Commercial Aviation Services
GECAS (GE Capital Aviation Services) was an Irish–American commercial aviation financing and leasing company. AerCap acquired the company from GE Capital on November 1, 2021. GECAS was the largest commercial airline leasing/financing company in the world by number of aircraft. The company offered many aviation finance services, including aircraft leasing, aircraft lending, engine leasing, asset management, and aircraft consulting. In terms of aircraft leasing, GECAS purchased aircraft from manufacturers such as Airbus and Boeing, and then leased them to airlines, typically for about eight years, and usually on dry lease contracts. GECAS also offered purchase leasebacks. The company had two global headquarters in Shannon, Ireland, and Norwalk, Connecticut. The company had over 575 employees and 26 offices throughout the world. GECAS had a fleet of over 1,970 aircraft, operated by 270 clients in over 75 countries. GECAS' primary competitor was AerCap, with other competitors includ ...
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GE Capital
GE Capital is the financial services division of General Electric. The company currently only runs one division, GE Energy Financial Services. It had provided additional services in the past; however, those units were sold between 2013 and 2018. Overview On July 8, 2013, the Financial Stability Oversight Council designated GE Capital as a " systemically important financial institution", which makes it subject to oversight by the Federal Reserve. In 2014, GE Capital had 35,000+ employees worldwide, operating in more than 40 countries, with total assets of US$499 billion. It was rated AA+ with stable outlook by S&P in 2012. GE Capital's subsidiaries also operated under the GE Money brand. Restructuring plan On April 10, 2015, Jeffrey R. Immelt, the CEO of General Electric, announced that GE would sell most of GE Capital over the next two years. The following areas were sold: *GE Capital Sponsor Finance was sold to Canada Pension Plan Investment Board and Sumitomo Mitsui Bank ...
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GE Energy Financial Services
GE Energy Financial Services (EFS), a division of GE Capital headquartered in Stamford, Connecticut, United States, provides financial and technological investment in energy infrastructure projects around the world. EFS is active within industries such as power generation and distribution, oil and gas, pipelines and storage, water, venture capital, and renewable energy. EFS portfolios include deepwater oil and gas exploration in Brazil and water pipeline projects in Jordan. GE EFS has invested billions of dollars in the solar industry. One of their most recent investment is a 127-megawatt solar farm in Arlington, Arizona which is about west of Phoenix. Partial list of projects * Dokie Ridge Wind Farm, near Chetwynd, British Columbia, Canada * Toba Inlet run-of-the river project in Toba Inlet, British Columbia British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a div ...
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GE Oil And Gas
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry. In July 2017, this division was merged with Baker Hughes. The division supplied equipment for the petroleum industry including drilling, subsea and offshore, onshore, LNG, distributed gas, oil pipeline and oil storage, oil refinery and petrochemical. GE Oil & Gas also designed and manufactured surface and subsea drilling and production systems, equipment for floating production platforms, gas compressors, gas turbines, turboexpanders, high pressure reactors, industrial electricity generation. GE Oil & Gas also provided pipeline integrity solutions, sensor-based measurement, inspection, and condition monitoring, controls and radiation measurement solutions. In 2016, GE Oil & Gas employed approximately 37,000 people, serving customers in over 140 countries. The division was part of the GE Power (formerly GE Energy) division of General Electric. History Formation GE ente ...
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