Now in it's 11th year, the Captains of Industry series, hosted by BusinessWeek consists of interviews with leaders in the world of business. This year, in particular, focuses on how to navigate uncertainty and restore the strength of American business. Jeffrey R. Immelt, the CEO of General Electric since 2001, has been named one of the "World's Best CEOs" by Barron's three times.
Jeffrey R. Immelt
Jeffrey R. Immelt, the CEO of General Electric since 2001, has been named one of the World's Best CEOs by Barron's three times. He is also a member of President Obama's Economic Recovery Board.
Norman Pearlstine was editor-in-chief of Time, Inc., the world's largest magazine publisher, from 1995 until the end of 2005. Mr. Pearlstine oversaw the editorial content of TIME, Life, Fortune, Sports Illustrated, People, In Style, Money, and Entertainment Weekly to name a few. In 2004, the American Society of Magazine Editors gave him its Lifetime Achievement Award and inducted him into the Magazine Editors' Hall of Fame.
Prior to joining Time Inc., Mr. Pearlstine worked with Dow Jones & Company, except for a two-year period when he was an executive editor at Forbes magazine. He was also managing and then executive editor of The Wall Street Journal. He is currently a senior advisor to Time, Inc., He published the book, Off the Record: The Press, the Government, and the War over Anonymous Sources in 2008.
General Electric CEO and Obama economic adviser Jeffrey R. Immelt discusses the implications of a country shifting from a manufacturing economy to a service economy. Immelt says Americans should see recent economic events in Europe as a cautionary tale, arguing it is not possible to have "a great productive country that has no technology or manufacturing base."