Jack Who?

Meet Jeff, as in Immelt, General Electric's new boss, who can't wait to make a name for himself

For a guy taking over the reins from Jack Welch, one of the most acclaimed CEOs of the 20th century, General Electric's incoming chief, Jeffrey Immelt, 45, doesn't seem at all fazed. "Believe it or not, I know, operationally, how to do this job," says the towering, outgoing Immelt. He knows how to do a lot of jobs, having spent almost 20 years at GE. Most recently he ran its medical-systems business. "It's not like I have to go up on the mountain for 40 days and come down with a bunch of stone tablets," Immelt says.

On the eve...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!