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

"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. "We plan to have about 200 people from corporate and about 800 people in labs around there," Immelt told a capacity crowd that included Massachusetts Governor Charlie Baker and Boston Mayor Marty Walsh. "And we think, by the time it’s all said and done, there should be, let’s say, 4,000 jobs around the ecosystem in Boston." Immelt, who said GE would bring both jobs and a "competitive spirit" to the city, said there is no reason Boston in the next 20 years can’t be the leading center of technology and change that Silicon Valley and Seattle have been for the last 20 years. "That’s our job—to do that together," Immelt said. R. Robert Popeo '61, chairman, Mintz Levin, introduced Immelt.