GE 2012 Annual Report Download - page 31

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The GE Board held 13 meetings during 2012,
including four 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.
Board members focus on the areas that are important to
shareowners—strategy, risk management, leadership develop-
ment, and regulatory and compliance matters. In 2012, they
received briefings on a variety of issues, including capital alloca-
tion and business development, margin dynamics, risk manage-
ment, technology excellence and IT strategy, regulatory trends,
healthcare and social cost, capital market trends, the global
economic environment, 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.
DIRECTORS
— left to right —
James J. Mulva
1,4
Former Chairman of the Board and
Chief Executive Officer, ConocoPhillips,
international, integrated energy
company, Houston, Texas.
Director since 2008.
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.
Susan Hockfield
3,4
President Emerita and Professor of
Neuroscience, Massachusetts Institute
of Technology, Cambridge,
Massachusetts. Director since 2006.
Marijn E. Dekkers
Chairman of the Board of
Management, Bayer AG, global
healthcare, crop science and
material science, Leverkusen, Germany.
Director since 2012.
W. Geoffrey Beattie
1,5
Deputy Chairman, Thomson Reuters,
global media and financial data,
Toronto, Canada. Director since 2009.
John J. Brennan
5
Chairman Emeritus and Senior Advisor,
The Vanguard Group, Inc., global
investment management, Malvern,
Pennsylvania. Director since 2012.
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.
Andrea Jung
2,3
Former Chairman of the Board and
Chief Executive Officer, Avon Products,
Inc., beauty products, New York,
New York. Director since 1998.
James S. Tisch
5
President and Chief Executive Officer,
Loews Corporation, diversified holding
company, New York, New York.
Director since 2010.
Sam Nunn
2,4
Co-Chairman and Chief Executive
Officer, Nuclear Threat Initiative,
Washington, D.C. Director since 1997.
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.
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.
Roger S. Penske
4
Chairman of the Board, Penske
Corporation, diversified transportation
company, and Penske Truck Leasing
Corporation, Chairman of the
Board and Chief Executive Officer,
Penske Automotive Group, Inc.,
automotive retailer, Detroit, Michigan.
Director since 1994.
Rochelle B. Lazarus
3,4
Chairman Emerita and former
Chief Executive Officer, Ogilvy & Mather
Worldwide, global marketing
communications company, New York,
New York. Director since 2000.
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 Officer, General Electric
Company, Fairfield, 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
THE GE BOARD
GE 2012 ANNUAL REPORT 29