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

BYD Tabs Tesla Exec
Hedblom Appointed Epiroc President, CEO
Haegele Named Cleanfix Co-CEO
Waite New Ideal Sales VP
Engine Leadership Changes At Perkins, Cat
New Americas Head of Sales for Danfoss Drives
New CEO For Trystar
Cummins Names VP For Product Compliance and Regulatory Affairs

Latest News

BYD Tabs Tesla Exec
Origin, Kirloskar Ink Engine Deal
Deutz-Kukje Engine Deal Now Official
Monitoring For Marine Thrusters
Space Going For NFPA Exec Program
Allison Upgrades Army Transmission
Truck Engine Demand Trending to Smaller Displacements
VW Raided Again Over Diesel Emissions
Marine Jack-Up Gearboxes

Magazine Issue Archive

Diesel Progress – December 2019
Diesel Progress International November-December 2019
Diesel Progress – November 2019
Diesel Progress – October 2019
Diesel Progress International – September – October 2019
Diesel Progress – September 2019
Diesel Progress – August 2019
Diesel Progress International – July – August 2019
Diesel Progress – July 2019
Diesel Progress – June 2019

Login

Forgotten Password?

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