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Press Release

FOR IMMEDIATE RELEASE

For additional information contact:

Michi Morales
Stanton Communications
O: +1-202-223-4933
M: +1-703-585-4031
mmorales@stantoncomm.com

Legendary GE CEO Jack Welch to Speak to DC Area Executives

Vienna, Va. (May 18, 2005) - Legendary General Electric (GE) Chairman and CEO Jack Welch will speak to senior-level DC-area executives at the Kennedy Center in Washington, DC, on May 25, 2005. Welch will discuss aspects of his personal management techniques, career issues, and lessons he's learned in his new book "Winning" and how it applies to emerging entrepreneur businesses. Welch will also answer audience questions and autograph copies of his book.

"With his impressive management record at GE and dynamic, powerful presentation, Mr. Welch is one of the most sought-after chief executives in the world. He is truly an inspiration to all of us, and we are thrilled to have him speak at our event," said Jim Garrettson, founder and president of ExecutiveBiz and the Potomac Officers Club.

With more than four decades of work at GE, Welch is the most widely talked about and emulated manager in modern business history. His unique instincts and leadership strategies increased GE's market value by more than $400 billion over two decades, earning the unofficial title of America's most admired CEO. His new book has been endorsed by notables such as Warren Buffett, Bill Gates, and Rudy Giuliani.

Welch's appearance is made possible through the support and collaboration of ExecutiveBiz/Potomac Officers Club and YEO (Young Entrepreneur Organization).

WHAT: (Member-only Event) Legendary GE Chairman Jack Welch will speak to DC-area executives. Welch will autograph copies of his new book "Winning" for attendees after the presentation.
WHO: Jack Welch, Former Chairman and CEO of GE
WHEN: Wednesday, May 25, 2005 11:30 a.m. -- 1:30 p.m.
WHERE: The John F. Kennedy Center for the Performing Arts
(2700 F Street, NW, Washington, DC 20566)

About Jack Welch:

Mr. Welch was born in Salem, Massachusetts. He received his B.S. degree from the University of Massachusetts and his M.S. and Ph.D. in chemical engineering from the University of Illinois.

He began his career with the General Electric Company in 1960 and in 1981 became the company's eighth Chairman & CEO. In his 20 years at General Electric, he transformed the company from a bureaucratic behemoth to a dynamic and revered powerhouse. During his tenure, GE market value grew from $13 billion to $500 billion. In the process, Welch's management innovations have made him the most influential CEO of his era.

Upon his retirement from GE in 2001, Mr. Welch wrote his #1 New York Times and international best-selling autobiography, JACK: Straight From The Gut. He has also spent much of his time traveling around the world, speaking to people at every level of an organization, answering their questions on dozens of wide-ranging topics. These sessions were the inspiration for his new book, Winning.

Mr. Welch is currently the head of Jack Welch, LLC, where he serves as an advisor to a small group of Fortune 500 business CEOs and speaks to businesspeople and students around the world.

About ExecutiveBiz:

ExecutiveBiz is a weekly digital magazine that covers the Greater Washington DC business community. ExecutiveBiz was launched in 2002 as the official newsletter of the Potomac Officers Club, the fastest-growing CXO organization in the Greater Washington Area. With the dramatic cuts in corporate training budgets and need for straight talking business events, ExecutiveBiz launched an events division this year to provide peer to peer community building and "executive-only" opportunities to network. ExecutiveBiz is widely recognized for its insightful content and inside access to well-known business leaders. The magazine reaches close to 30,000 business executives; 76 percent of them are director/VP level or above, and 57 percent are C-level executives.

About The Potomac Officers Club

The Potomac Officers Club is a non-profit membership organization that fosters peer-to-peer collaboration among prominent C-level business executives in the District of Columbia, Maryland and Northern Virginia. By building and leveraging these relationships, the Officers Club aims to promote continued economic growth and development that benefits the entire region. Members of this highly selective organization have a demonstrated track record of success taking entrepreneurial ideas and turning them into successful businesses that meaningfully contribute to the regional economy. Club members meet once a month to build relationships, share information about emerging business trends and innovations, and learn about initiatives that impact their businesses and the prosperity of the region. For additional information on the club call 703-752-7453.

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