General Electric Company announced the appointment of Lloyd G. Trotter to head GE's Industrial, a $35 billion business expected to grow earnings in 2006. Trotter was also named GE vice chairman, the first African American to hold this position. For the past year, Trotter has been executive vice president, Operations, reporting directly to GE Company Chairman and CEO Jeffrey R. Immelt.
Lloyd Trotter, a 36-year GE veteran, has led several GE Industrial units, including GE Consumer & Industrial, a $14-billion business in major appliances and lighting. GE Industrial includes Plastics, Advanced Materials, Consumer & Industrial, Security, Sensing, Fanuc, Inspection Technologies, and Equipment Services.
Trotter is a founding member of GE's African-American Forum and is actively involved in numerous professional and community organizations. He represents GE for America's Promise, an organization that aims to increase volunteerism in support of youth. He is on the boards of the National Electrical Manufacturers Association, or NEMA, the National Association of Manufacturers, the National Action Council for Minorities in Engineering, or NACME, and the GE Foundation.
Trotter graduated from Cleveland State University with a bachelor's degree in business administration in 1972 and received an honorary doctorate in business from the school in 2001.
Earlier this year, Trotter was named one of USBE & IT magazine’s 100 Most Important Blacks in Technology. USBE&IT recognizes the professional and personal contributions of these high achievers not just to honor them, but also to offer them as examples to future generations of talented minority women and men.