GE Names Its First-Ever female Vice Chair

GE simply announced its first-ever feminine vice chair: Beth Comstock, the company’s erstwhile CMO.

Comstock, 55, is now vice chair of industry innovations. She joins three other male executives within the position of vice chair—a title that includes being close counselors to GE CEO and chairman Jeff Immelt, who has helmed the corporate for 14 years.

Immelt advised Reuters the new function comes from Comstock’s championing of the “Industrial internet.” In a quick company profile of Immelt and GE closing year, we pointed to the 123-12 months-previous firm’s pivot to turning large industrial sectors like jet engines and locomotives into data-first computer systems.

“over the past few years,” Comstock advised fast company in 2014, “it’s been very a lot about focusing the company on fewer, better expertise, more industrial companies, and now we have needed to shed numerous items of the company to get there.”

in addition to running the selling and model features of GE, Comstock heads up its trade innovations unit, which speeds up new industry and helps established commercial ventures transition into GE’s technology universe. The business innovations arm properties GE lighting, GE Ventures & Licensing, device commercialization and company advertising, sales, and communications.

Comstock also sits on Nike’s board of administrators and is the trustee president of the Cooper-Hewitt Smithsonian Design Museum in the big apple.

[by means of Reuters]

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