GE 2010 Annual Report Download - page 30

Download and view the complete annual report

Please find page 30 of the 2010 GE annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 140

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140

28 GE 2010 ANNUAL REPORT
Board members focus on the areas that are important to share-
owners—strategy, risk management, leadership development
and regulatory matters. In 2010, they received briefings on a
variety of issues including U.S. and global tax policy, environmental
risk management and reserves, pension and healthcare plans,
financial structure, liquidity, regulation and ratings, service
contract performance, credit costs and real estate exposure,
controllership and emerging rules, and managing brand
value and reputation. At the end of the year, the Board and each
of its committees conducted a thorough self-evaluation.
The GE Board held nine meetings in 2010. Each outside Board member is
expected to visit at least two GE businesses without the involvement of corporate
management in order to develop his or her own feel for the Company.
DIRECTORS (left to right)
Robert J. Swieringa 1
Professor of Accounting and former
Anne and Elmer Lindseth Dean,
Johnson Graduate School of Management,
Cornell University, Ithaca, New York.
Director since 2002.
Ralph S. Larsen 2, 3, 6
Former Chairman of the Board and
Chief Executive Officer, Johnson & Johnson,
pharmaceutical, medical and consumer
products, New Brunswick, New Jersey.
Director since 2002.
Sam Nunn 2, 4
Co-Chairman and Chief Executive Officer,
Nuclear Threat Initiative, Washington, D.C.
Director since 1997.
W. Geoffrey Beattie 1, 5
President, The Woodbridge Company
Limited, Toronto, Canada.
Director since 2009.
Rochelle B. Lazarus 3, 4
Chairman of the Board and former
Chief Executive Officer, Ogilvy & Mather
Worldwide, global marketing
communications company, New York,
New York. Director since 2000.
Andrea Jung 2, 3
Chairman of the Board and
Chief Executive Officer, Avon Products, Inc.,
beauty products, New York, New York.
Director since 1998.
James I. Cash, Jr. 1, 2, 4
Emeritus James E. Robison Professor
of Business Administration, Harvard
Graduate School of Business, Boston,
Massachusetts. Director since 1997.
Robert W. Lane 1, 2
Former Chairman of the Board and
Chief Executive Officer, Deere & Company,
agricultural, construction and
forestry equipment, Moline, Illinois.
Director since 2005.
James S. Tisch 5
President and Chief Executive Officer,
Loews Corporation, New York, New York.
Director since 2010.
Susan Hockfield 3, 4
President of the Massachusetts
Institute of Technology, Cambridge,
Massachusetts. Director since 2006.
Alan G. (A.G.) Lafley 3, 5
Former Chairman of the Board
and Chief Executive Officer, Procter &
Gamble Company, personal and
household products, Cincinnati, Ohio.
Director since 2002.
Ann M. Fudge 4
Former Chairman of the Board and
Chief Executive Officer, Young &
Rubicam Brands, global marketing
communications network, New York,
New York. Director since 1999.
Douglas A. Warner III 1, 2, 3
Former Chairman of the Board,
J.P. Morgan Chase & Co., The Chase
Manhattan Bank, and Morgan
Guaranty Trust Company, investment
banking, New York, New York.
Director since 1992.
Roger S. Penske 4
Chairman of the Board, Penske Corporation
and Penske Truck Leasing Corporation,
Chairman of the Board and Chief Executive
Officer, Penske Automotive Group, Inc.,
diversified transportation company, Detroit,
Michigan. Director since 1994.
James J. Mulva 1, 4
Chairman of the Board, President and
Chief Executive Officer, ConocoPhillips,
international integrated energy company,
Houston, Texas. Director since 2008.
Jeffrey R. Immelt 4
Chairman of the Board and Chief
Executive Officer, General Electric Company.
Director since 2000.
(pictured on page 1)
1 Audit Committee
2 Management Development
and Compensation Committee
3 Nominating and Corporate
Governance Committee
4 Public Responsibilities Committee
5 Risk Committee
6 Presiding Director