GE 2011 Annual Report Download - page 31

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Board members focus on the areas that are important to
shareowners—strategy, risk management, leadership development
and regulatory and compliance matters. In 2011, they received
briefi ngs on a variety of issues, including capital allocation and
business development, risk management, technology excellence,
regulatory trends, social cost, capital market trends, service
contract performance, political contributions and lobbying
activities, and GE’s branding, marketing and operating initiatives.
At the end of the year, the Board and each of its committees
conducted a thorough self-evaluation.
The GE Board held 15 meetings during
2011, including three meetings of the
non-management directors of the Board.
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)
Rochelle B. Lazarus
3,4
Chairman of the Board and former
Chief Executive Offi cer, Ogilvy & Mather
Worldwide, global marketing
communications company,
New York, New York. Director since 2000.
Robert W. Lane
1,2
Former Chairman of the Board and
Chief Executive Offi cer, Deere & Company,
agricultural, construction and forestry
equipment, Moline, Illinois.
Director since 2005.
Alan G. (A.G.) Lafl ey
3,5
Former Chairman of the Board and
Chief Executive Offi cer, Procter & Gamble
Company, personal and household
products, Cincinnati, Ohio.
Director since 2002.
Roger S. Penske
4
Chairman of the Board, Penske Corporation,
diversifi ed transportation company,
and Penske Truck Leasing Corporation,
Chairman of the Board and Chief Executive
Offi cer, Penske Automotive Group, Inc.,
automotive retailer, Detroit, Michigan.
Director since 1994.
Sam Nunn
2,4
Co-Chairman and Chief Executive Offi cer,
Nuclear Threat Initiative, Washington, D.C.
Director since 1997.
Andrea Jung
2,3
Chairman of the Board and
Chief Executive Offi cer, Avon Products, Inc.,
beauty products, New York, New York.
Director since 1998.
Ann M. Fudge
4
Former Chairman of the Board and
Chief Executive Offi cer, Young & Rubicam
Brands, global marketing communications
network, New York, New York.
Director since 1999.
Ralph S. Larsen
2,3,6
Former Chairman of the Board and Chief
Executive Offi cer, Johnson & Johnson,
pharmaceutical, medical and consumer
products, New Brunswick, New Jersey.
Director since 2002.
W. Geoffrey Beattie
1,5
President, The Woodbridge Company
Limited, Toronto, Canada.
Director since 2009.
James S. Tisch
5
President and Chief Executive Offi cer,
Loews Corporation, diversifi ed holding
company, New York, New York.
Director since 2010.
Susan Hockfi eld
3,4
President, Massachusetts Institute
of Technology, Cambridge, Massachusetts.
Director since 2006.
James J. Mulva
1,4
Chairman of the Board and Chief Executive
Offi cer, ConocoPhillips, international,
integrated energy company,
Houston, Texas. Director since 2008.
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.
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.
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.
Jeffrey R. Immelt
4
Chairman of the Board and Chief
Executive Offi cer, General Electric
Company, Fairfi eld, Connecticut.
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
GE 2011 ANNUAL REPORT 29