Although NBC is far from its category leader -- a position GE typically demands from in its business units -- it has a good
business and is building momentum, he adds. "Every now and then, companies need to fix things. The business is going to overachieve within the next few years."
Immelt also took the opportunity to defend CNBC star Maria Bartiromo, who has been scrutinized over her travel and close relationship with former Citigroup executive Todd Thomson. "We've completed the review," he says. "She did nothing wrong."