has been selected as the new president & CEO of World Business Chicago
Malehorn will report to the Chair and Vice-Chair and work closely with the board of directors of WBC and the Mayor's office on the attraction and retention of companies to Chicago.
will spearhead the continued implementation of the Plan for Economic Growth and Jobs, which was produced by WBC
at the Mayor's request and is the outline for the City's
overarching economic development efforts.
Malehorn is a 28-year veteran of General Electric, having served as an officer since 2001.
He has served as President & CEO of GE Capital, Commercial Distribution Finance, President & CEO of GE Healthcare Financial Services and President & CEO of GE Commercial Finance's Global Financial Restructuring Business.
served as Corporate Citizenship leader for GE Chicago and as the Co-Leader for GE Capital
America's Commercial Council.
has lived in and operated businesses headquartered in Chicago, Tokyo and Paris.
"Jeff is an excellent choice to lead WBC," said Michael Sacks.
"I am excited about this opportunity and look forward to working with the Mayor and the WBC
team in promoting Chicago's business community," said Jeff Malehorn