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Forbes Contributor Exposes Deceitful Character of GE CEO Jeff Immelt

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Forbes contributor Steve Denning’s excellent commentary, “Decoding Jeff Immelt and GE’s New Act: U.S. Manufacturer,” exposes the duplicitous nature of the GE boss.

Denning dissected the truth from the chief executive’s spin from the comments Immelt made at Manufacturing’s Next Chapter, a meeting sponsored by The Atlantic.

Most enjoyable was Denning’s accurate characteristic of Immelt’s tenure as CEO:

“Mr. Immelt is the exemplary Teflon-coated executive, equally comfortable in corporate boardrooms and the corridors of Congress. In his twelve years as GE’s CEO, while he has presided over a 40 percent decline in GE’s shareholder value, thus defying all known laws of financial gravity, Mr. Immelt not only still holds his job: he has even been repeatedly named as one of the best chief executives in the world.”

It’s outrageous that the board of directors has allowed Immelt to remain as the CEO and that the business establishment hails such a failed leader.

Deneen Borelli

Deneen Borelli is the author of Blacklash: How Obama and the Left are Driving Americans to the Government Plantation. Deneen is a contributor with Newsmax Broadcasting. She is a former Fox News contributor and has appeared regularly on “Hannity,” “Fox & Friends,” “Your World with Neil Cavuto,” and “America’s Newsroom.” She has also appeared on Fox Business Network programs “Making Money with Charles Payne,” “The Evening Edit with Liz MacDonald,” and “Cavuto: Coast to Coast.” Previously, Deneen appeared on MSNBC, CNN, the BBC and C-SPAN. In addition to television, Deneen co-hosted radio programs on the SiriusXM Patriot channel with her husband Tom. Recently, Deneen co-hosted the Reigniting Liberty podcast with Tom. Deneen is a frequent speaker at political events, including the FreedomWorks 9.12.2009 March on D.C. which drew a crowd estimated at over 800,000 people. Deneen is also an Ambassador with CloutHub.com, a social media platform that promotes free speech, and with the America First Policy Institute (AFPI) which advances policies that put Americans first. Deneen testified before the U.S. House of Representatives Committee on Natural Resources in May 2011 and before the Ohio House Public Utilities Committee in December 2011. Previously, Deneen was a BlazeTV.com host, Outreach Director with FreedomWorks.org overseeing its Empower.org outreach program, a Project 21 Senior Fellow, and Manager of Media Relations with the Congress of Racial Equality (CORE). Prior to joining CORE, Deneen worked at Philip Morris USA for 20 years. During her corporate career at Philip Morris she worked in various positions, her last as Project Management Coordinator in the Information Management department where she was responsible for the department’s mandated quality processes, communications, sales information and database management. Deneen began her Philip Morris career as a secretary and advanced to positions of increasing responsibilities. Deneen worked full-time and attended classes at night for 11 years to earn her B.A. in Managerial Marketing from Pace University, New York City. Deneen served on the Board of Trustees with The Opportunity Charter School in Harlem, New York. She appeared in educational videos for children, worked as a runway fashion model, and auditioned for television commercials. Her interests include ancient history, pistol target shooting, photography, and volunteering at her church. Deneen currently resides in Connecticut with her husband Tom.

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