Jim McNerney
| James McNerney | |
|---|---|
McNerney speaking at the Department of State Global Business Conference in 2012
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| Born |
Walter James McNerney Jr. August 22, 1949 Providence, Rhode Island, U.S. |
| Residence | Chicago, Illinois, U.S. |
| Nationality | American |
| Alma mater |
Yale University (BA) Harvard University (MBA) |
| Occupation | Chairman, The Boeing Company |
| Salary | US$ 27,000,000 (2013) |
Walter James "Jim" McNerney Jr. (born August 22, 1949 in Providence, Rhode Island) is a business executive who was chairman of The Boeing Company until March 1, 2016. He previously served as President and CEO of the company until July 2015.
McNerney graduated from New Trier High School in Winnetka, Illinois in 1967. He attended Yale University, receiving a B.A. degree in 1971. While at Yale, he was a member of Delta Kappa Epsilon Fraternity. At Yale, he excelled in baseball and hockey. After graduating from Yale, he worked for a year at both British United Provident and G.D. Searle, LLC, then attended Harvard Business School, receiving a Master of Business Administration in 1975.
McNerney began his business career at Procter & Gamble in 1975, working in brand management. He worked as a management consultant at McKinsey from 1978 to 1982.
McNerney joined General Electric in 1982. There, he held top executive positions including president and CEO of GE Aircraft Engines and GE Lighting; president of GE Asia-Pacific; president and CEO of GE Electrical Distribution and Control; executive vice president of GE Capital, one of the world's largest financial service companies; and president of GE Information Services. McNerney competed with Bob Nardelli and Jeff Immelt to succeed the retiring Jack Welch as chairman and CEO of General Electric. When Immelt won the three-way race, McNerney and Nardelli left GE (as was Welch's plan); McNerney was hired by 3M in 2001.
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