Lorenzo Simonelli

Lorenzo Simonelli is president and CEO of GE's Transportation business. The business unit is a global technology leader and supplier to the railroad, marine, drilling, mining and wind industries generating revenues in excess of $4.5 billion. GE Transportation provides freight and passenger locomotives, railway signaling and communications systems, information technology solutions, marine engines, motorized drive systems for mining trucks and drills, high-quality replacement parts and value-added services. Established more than 100 years ago, GE Transportation is headquartered in Erie, Pennsylvania, and employs approximately 10,000 employees worldwide. Simonelli was appointed to his current position in July 2008. Since January 2007, Simonelli served as president and CEO of GE Consumer & Industrial (Europe, Middle East & Africa), based in Budapest, Hungary. In this capacity, he was also chairman of the board of GE Hungary Zrt. Simonelli started his career with Mitsubishi Bank in International & Corporate Finance and joined GE in July 1994. He is a graduate of the Financial Management Program (FMP) with assignments in GE International; GE Shared Services; Nuovo Pignone and Consolidated Financial Insurance in a variety of financial and operational roles. In 1997, he joined the Corporate Audit Staff and had assignments in Asia, Europe and the U.S. around both financial and process improvement areas. He progressed to be executive audit manager for European Industrial Businesses in 2001. In 2002, Simonelli joined Consumer Products, spending time initially in Cleveland, Ohio, and then Louisville, Kentucky, as the financial planning and analysis manager. In April 2004, he became CFO Americas for Consumer & Industrial before being appointed to general manager, Product Management for Appliances, Lighting, Electrical Distribution and Motors in 2005. Simonelli is a business and economics graduate of Cardiff University.