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Vanguard’s John J. Brennan Joins GE Board of Directors - The Board of Directors of General Electric Company (NYSE: GE) has elected John J. “Jack” Brennan as a GE director
Vanguard’s John J. Brennan Joins GE Board of Directors

 

PRZOOM - /newswire/ - Fairfield, CT, United States, 2012/07/30 - The Board of Directors of General Electric Company (NYSE: GE) has elected John J. “Jack” Brennan as a GE director. NYSE: GE

   
 
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Mr. Brennan is chairman emeritus and senior advisor at The Vanguard Group, Inc. He was elected by the GE Board at its meeting on July 27, 2012.

“Jack Brennan knows what shareholders care about and what good governance looks like,” said GE Chairman and CEO Jeff Immelt. “As we continue to execute on our growth strategy in the midst of a still volatile global economy, I know that GE will benefit from Jack’s leadership, strong regulatory background and experience. I am honored to welcome Jack to our Board.”

Brennan is an independent director under the New York Stock Exchange listing standards and GE’s independence guidelines. Brennan’s election brings GE’s board to 18 members, 16 of whom are independent.

Vanguard is one of the world's largest investment companies. Brennan joined Vanguard in July 1982. He was elected president in 1989, served as chief executive officer from 1996 to 2008 and chairman of the board from 1998 to 2009. Brennan is Lead Governor of the Financial Institution Regulatory Authority Board of Governors and has served as the Chair of the Financial Accounting Foundation since 2009.

Brennan graduated from Dartmouth College and received a Master's degree in Business Administration from the Harvard Business School. He has received honorary degrees from Curry College and Drexel University.

About GE

GE (ge.com) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.

 
 
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Vanguard’s John J. Brennan Joins GE Board of Directors

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Contact: Lindsay Lorraine - GE.com 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

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