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General Electric
General Electric
Financials: Latest Results
MOST ADMIRED
Top 50 rank: 9
Rank in Electronics: 1 (Previous rank: 1*)
Overall score: 7.44
Why it's admired
GE had to go to Warren Buffett for a $3 billion infusion, after the credit crunch hit its finance unit, GE Capital, hard. Since then, the conglomerate has scrambled to hold on to its Triple-A credit rating. Its stock slid 56% last year. It's cutting its hefty 31-cent quarterly dividend to 10 cents. And CEO Jeff Immelt took a 28% pay cut and asked for no bonus for 2008. But GE's diverse businesses - which range from wind turbines to medical imaging devices to TV network NBC - should help the behemoth weather the storm. After all, that's what we expect from one of the oldest companies in the Dow Jones Industrial Average. --A.A.

Address: 3135 Easton Turnpike
Fairfield, CT 6828
Phone: 203-373-2211
Website: www.ge.com
Nine key attributes of reputation Industry rank
Innovation 3
People management 1
Use of corporate assets 2
Social responsibility 1
Quality of management 1
Financial soundness 3
Long-term investment 2
Quality of products/services 1
Global competitiveness 1
From the March 16, 2009 issue
*Designated as an international industry. Prior year’s ranks, unless otherwise noted, are ranks in the World’s Most Admired Companies listing.
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