Bill Ruh named Chief Digital Officer; Mark Begor retires from GE and is
succeeded by Russell Stokes as CEO of Energy Management; and Jamie Miller
named CEO of GE Transportation
NEW YORK--(BUSINESS WIRE)--September 14, 2015--
GE GE announced the creation of GE Digital, a transformative move
that brings together all of the digital capabilities from across the company
into one organization. GE Digital will integrate GE's Software Center, the
expertise of GE's global IT and commercial software teams, and the
industrial security strength of Wurldtech. This new model will be led by
Bill Ruh, chief digital officer.
"As GE transforms itself to become the world's premier digital industrial
company, this will provide GE's customers with the best industrial solutions
and the software needed to solve real world problems. It will make GE a
digital show site and grow our software and analytics enterprise from $6B in
2015 to a top 10 software company by 2020," said Jeffrey Immelt, Chairman
and CEO of GE.
"With this alignment -- backed by sustained investment -- we will accelerate
our efforts to build GE's digital strength and win in the Industrial
Internet. We are building the playbook for the new digital industrial world
by harnessing our horizontal capabilities including Predix, software design,
fulfillment and product management, while also executing critical outcomes
for our customers. This is the strength of GE."
GE plans to update advancements and customer collaboration at the Minds &
Machines event on September 28-October 1 in San Francisco, CA.
Ruh has been leading GE's Software COE and building the foundation of strong
software experience for GE since 2011. Under his direction, GE has grown to
over 1,200 software experts at the Software Center in San Ramon, CA. He is
leading the team as they work on a diverse set of projects that capture the
nimbleness of a start-up, while harnessing GE's powerful industrial
intelligence to deliver better outcomes for customers.
GE Leadership Changes
In addition, the company announced a series of key leadership changes. Mark
Begor is retiring from GE. Russell Stokes will succeed Mark at GE Energy
Management and Jamie Miller will succeed Russell at GE Transportation. All
of these changes are effective October 1.
Mark Begor is retiring after 35 years with GE. Begor began his career at GE
in 1980, was named a company officer in 1996 and a GE senior vice president
in 2005. He led a turnaround at Energy Management, preparing for growth from
the Alstom acquisition. Prior to Energy Management, Mark held key leadership
positions in GE Capital, including Commercial Real Estate and Synchrony. "I
would like to thank Mark for his contributions, dedication and service to
GE. I can always count on Mark to deliver and I value him as a friend,"
stated Immelt.
Russell Stokes, 44, will lead GE's Energy Management business as president
and CEO, which will become a $13B business when combined with Alstom.
Stokes, an 18-year GE veteran, most recently led Transportation through
paramount shifts as they launched revolutionary products ahead of the
competition and outperformed the market.
Jamie Miller, 47, will succeed Russell as the president and CEO of
Transportation. Miller, who joined GE in 2008, is the right leader for this
business to take digital solutions and service offerings to Transportation
customers. In her most recent role as senior vice president and CIO, she
drove GE's digital transformation through global IT strategy, services and
operations, and delivered innovative solutions for GE, its customers and
employees. Jim Fowler, a 15-year IT leader at GE, will succeed Miller as
CIO.
"All of our business leaders will be critical to our success as a digital
industrial company and will help lead us through this generational change
for GE," added Immelt.
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