Date: May 10, 2021Time: 6:00 PM to 7:00 PM

Hot Seat: A Conversation with Former GE CEO Jeff Immelt, MBA ‘82 (virtual)

Mon, 6:00 PM to 7:00 PM Zoom Webinar (Information to be sent to Registrants)
General PublicFinance


Jeff Immelt knows a thing or two about dealing with adversity. He became CEO of General Electric on September 7, 2001, replacing the legendary Jack Welch. Little did Immelt know he would have to deal with a catastrophic incident just a few days into his tenure. The September 11 terrorist attacks cost GE’s insurance business over $600 million, in addition to dealing a massive body blow to its Aircraft Engines sector.

Immelt joined GE after graduating from Harvard Business School. He spent 19 years in several executive positions, essentially knowing every part of the global conglomerate’s business intimately. But the 9/11 attacks put whatever ideas he had for GE on hold.

Immelt knew his response would set the tone for businesses everywhere that looked to GE—then one of America’s biggest and most-heralded corporations—for direction.

Over the next sixteen years, Immelt would lead GE through many more dire moments, from the 2008–09 Global Financial Crisis to the 2011 meltdown of Fukushima’s nuclear reactors, which were designed by GE. But Immelt’s biggest challenge was inherited: Welch had handed over a company that had great people but was short on innovation. Immelt set out to change GE’s focus by making it more global, more rooted in technology, and more diverse. But the stock market rarely rewarded his efforts, and GE struggled.

Immelt left GE in October 2017. He has since joined a few corporate boards and is now a venture partner at New Enterprise Associates. With the benefit of time and reflection, Immelt has written a memoir of his GE tenure, Hot Seat: What I Learned Leading a Great American Company, (Simon & Schuster, Feb. 2021).

Immelt offers a rigorous, candid interrogation of himself and his tenure, detailing for the first time his proudest moments and his biggest mistakes. The most crucial component of leadership, he writes, is the willingness to make decisions. But knowing what to do is a thousand times easier than knowing when to do it. Perseverance, combined with clear communication, can ensure progress, if not perfection, he says.

Hot Seat is a must read for anyone wanting to learn about what it takes to lead through turbulent times. The real world is full of tail events, constraints, and circumstances you do not control. Jeff’s book is full of insights on what it takes to show up and lead and move the organization and world around you forward,” observes Satya Nadella, CEO, Microsoft.

Jeff Immelt was the dinner chair of the HBS Club of NY annual dinner in 2014. The Club is pleased to welcome him back for this no holds barred conversation, moderated by Club board member Hemali Dassani.

Participants must register by NOON on May 9th to receive details on joining the discussion. The Zoom link will be sent out 24 hours before the event.

Please note that no refunds will be issued.



Jeff Immelt, MBA '82

Venture Partner, New Enterprise Associates (NEA); Chairman & CEO, GE, 2001 - 2017

Jeff Immelt was the ninth Chairman of GE and served as CEO for sixteen years. He has been named one of the “World’s Best CEOs” three times by Barron’s. During his tenure as CEO, GE was named “America’s Most Admired Company” by Fortune magazine and one of “The World’s Most Respected Companies” in polls by Barron’s and the Financial Times. Immelt has received fifteen honorary degrees and numerous awards for business leadership and chaired the President’s Council on Jobs and Competitiveness under the Obama administration. He is a member of The American Academy of Arts & Sciences, and a lecturer at Stanford University. Immelt earned a BA in applied mathematics from Dartmouth College and an MBA from Harvard University.


Hemali Dassani, MBA '99

Hemali Dassani (MBA ’99) is an experienced fundraiser and investor relations professional within the alternative investments space and is currently a placement agent and consultant to multiple Private Equity funds. Hemali was previously Director of Investor Relations for Argand Partners and Castle Harlan, middle market private equity funds. Hemali was also a Managing Director with Old City Investment Partners, a multi-family office dedicated to finding high quality investments for the firm’s clientele of family office investors. Ms. Dassani has an M.B.A. from the Harvard Business School and a B.Sc. in Industrial Engineering from Northwestern University. She was President of the Harvard Business School Club of Greater New York and currently sits on the Board of the Club and Chair’s its racial equity task force. Previously she sat on the Board of Governors for the Harvard Business School Real Estate Alumni Association and the Steering Committee for the Harvard Business School Alumni Angels Association.

Date Time

Date: May 10, 2021Time: 6:00 PM to 7:00 PM


Zoom Webinar (Information to be sent to Registrants)1460 Broadway
New York, NY 10036
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  • 10 / Member/Member Guest (limit one)
  • 25 / General Public
  • 20 / Alumni Non-Members
  • Free / Patron Members (please contact



Salman Aljishi, John Allen, Lockie Andrews, Paul Barry, Douglas M Bennett, Amy Binder, Thomas Blum, Thomas Blum, Carlo Alessandro Bonomi, Anders Brag, Nageswar Cherukupalli, Nageswar Cherukupalli, Carlo Colesanti, Eileen Conroy, Daniel Cunningham, Yasmin Dahya, Hemali Dassani, James Davidson, Guillaume Dion, Diegane Dione, Randy Dirth, Mitchell Dong, Malko Ebers, Caroline Egg-Krings, Florian Egg-Krings, Elizabeth Fairfax Brown, Juan-Manuel Fernandez Cortina, Doron Grosman, Joseph Harari, Paul Heiss, Michael Hoherchak, Martin Hudak, Julie Johnson, Charles Joyce, Mark Kolb, William Krusen, Donald Layton, G. Brandon Levy, Sergio Leymarie, Amy Listerman, Elliot Matz, Carrie McCabe, Michael Meltz, Michael Meyer, Christine Miller, Pedro Mont Wong, Kelley Morrell, Barrie Moskowitz, Catalina Munoz, Clara Nguyen, Yana Nigen, Michael Pambianchi, lindsay Paul, Margaret Pederson, Raul Pineda, Luca Ranaldi, Ronald Randall, John Reese, Heather Reynolds, Paul Rogers, Eric Roman, Fred Rosen, Masatomo Sakairi, Nicholas Sakellariadis, Nicholas Sakellariadis, Alan Silberstein, George Skakel, Jeffrey Sklar, Lance Stuart, Kenneth Tatum, Earl Templeton, Jose Tesak, Ajay Thakur, Mansur Tokmouline, Francesco Tronci, Dmitry Umanets, Siby Vadakekkara, Leslie Wohlman-Himmel, JINGJING ZHANG, steve cohen, Jonathan goodman


Hemali Dassani, MBA '99

Zoom Webinar (Information to be sent to Registrants)

1460 Broadway, New York, NY, 10036