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Jeffrey R. Immelt

Chairman and CEO, General Electric

"A Conversation with General Electric Chairman and CEO Jeffrey Immelt"

General Electric Chairman and Chief Executive Officer Jeffrey Immelt H'10 sat down with John Harthorne, founder and chief executive officer of MassChallenge, to talk about GE’s move to Boston at the March 24 meeting of the Boston College Chief Executives Club. GE announced earlier in the day it had chosen a 2.5-acre site in the Fort Point Channel section of the Seaport District for its new corporate headquarters.

Takeaway

Why Boston

The schools and the startup ecosystem in Boston [are] amazing…we want to be part of this ecosystem of universities and scholarship and in this sea of ideas.

Takeaway

Giving Back

We’re going to give back to the community…for any dollar that you think was invested in GE bing here…you will get back a thousandfold.

Takeaway

Looking to the Future

This move for GE is all about the next 40 years. What do we want the company to look like? How do we want the company to be challenged?...I want some 29-year-old Ph.D. student at MIT to punch me right in the nose and say all of GE’s technologies are wrong. You’re about to lose. Right? And then you can go back and spread the word. That’s the job.

“ GE CEO Jeff Immelt on Boston's startup culture: 'It's astounding' ”

Boston Business Journal Startups & Venture Capital

“ GE CEO explains why he’s moving headquarters to Boston ”

Boston Globe Business

“ General Electric Announces Location For Boston Headquarters ”

CBS Boston

“ General Electric CEO Lauds Boston As New Site ”

Hartford Courant

“ GE's Immelt hopes move to Boston fuels staff 'paranoia' ”

Reuters

“ General Electric announces site of new Boston headquarters ”

Washington Times

“ Local Leaders Welcome General Electric CEO Jeffrey Immelt To Boston ”

WBUR News

“ GE picks location for new Boston headquarters ”

WCVB Channel 5 (ABC)

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