Culp Named Chairman, CEO OF GE

GE has named H. Lawrence Culp Jr. chairman and Chief Executive Officer of the company, effective immediately.  Culp will succeed John Flannery as chairman and CEO. Additionally, the GE board has appointed Thomas W. Horton as lead director.

 “GE remains a fundamentally strong company with great businesses and tremendous talent,” said Culp. “It is a privilege to be asked to lead this iconic company. We will be working very hard in the coming weeks to drive superior execution, and we will move with urgency. We remain committed to strengthening the balance sheet including deleveraging. Tom and I will work with our board colleagues on opportunities for continued board renewal. We have a lot of work ahead of us to unlock the value of GE.  I am excited to get to work.”  

Culp served as CEO and president of Danaher Corp. from 2000 to 2014. During his tenure he led the successful transformation of the company from an industrial manufacturer into a science and technology company. During his 14 years at the head of Danaher, the company’s market capitalization and revenues reportedly grew five-fold. 

Horton served as chairman and CEO of American Airlines from 2011 to 2013, and chairman of American Airlines Group from 2013 to 2014.

Related Articles

More SRC Promotions
SRC Holdings Announces Executive Promotions
New ABB Chief Executive
Daimler Trucks Creates CX Officer
Ruffalo Named CEO, President Of Astec
New Deutz Business Development Manager
Baney New Kenworth GM
Manitou Adds Product Managers

Latest News

Marcopolo Acquires Metalsur
Eaton In Electrified Mobility Strategic Alliance
Mobile hydraulics: preparing for an electrified future
Rolls-Royce Involved In Power-to-X
More SRC Promotions
New 13 L Engine From Scania
Daimler India Hits Export Milestone
Diesel Progress – August 2019
Will on-highway electrification tech work off-highway?

Magazine Issue Archive

Diesel Progress – August 2019
Diesel Progress International – July – August 2019
Diesel Progress – July 2019
Diesel Progress – June 2019
Diesel Progress International May-June 2019
Diesel Progress – May 2019
Diesel Progress – April 2019
Diesel Progress International – March-April 2019
Diesel Progress – March 2019
Diesel Progress – February 2019

Login

Forgotten Password?

Haven’t got an account? Click here to register.