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Ultimately, GE's final CEO Larry Culp [17] announced in November 2021 that General Electric was to be broken up into three separate, public companies—GE Aerospace, GE HealthCare, and GE Vernova—by 2024. The new companies are respectively focused on aerospace, healthcare, and energy. [18] GE HealthCare's spin-off was finalized on January 4 ...
Chairman, president and CEO [10] 2013 Previously with Centura Health and Trinity Health (Livonia, Michigan) 2018-10-01 Apple: Tim Cook: CEO [11] 2011 Replaced Steve Jobs: 2018-10-01 Arcelor Mittal: Lakshmi Niwas Mittal: Chairman and CEO [12] 2006 Owner of Queens Park Rangers F.C. 2018-10-01 AT&T: John Stankey: CEO [13] 2020 Former CEO of ...
GE Oil & Gas acquires Vetco Gray for US$1.9 billion. [19] [20] 2007 GE Plastics is sold to SABIC for US$11.6 billion. [21] 2008 GE Oil & Gas acquires Hydril Pressure & Control for US$1.12 billion from Tenaris, who retains possession of Hydril Premium Connections. [22] [23] 2008 GE Co. acquires Vital Signs Inc. for US$860 million [24] 2009
According to David Cote, who ran GE’s appliances business in the 1990s and went on a highly successful run as Honeywell’s CEO from 2002 to 2017, GE’s old processes were anything but lean.
Here is a look at what CEOs of local public companies earned, based on federal filings.
Under CEO Jeffrey Immelt's 16-year tenure from 2001 to 2017, GE jettisoned most of its consumer operations, such as its appliance business, and much of its lending business, and exited its media ...
Robert Louis Nardelli (born May 17, 1948) is an American businessman who was the CEO of Freedom Group from September 2010 to March 2012. Prior to that role, Nardelli served as chairman and CEO of Chrysler from August 2007 to April 2009 and CEO of The Home Depot from December 2000 to January 2007.
The following year, CEO Welch took issue with reclassification of GE in the Fortune 500 as a "diversified financial services company" rather than an "electrical equipment company", and by 2005 many had noted that the price-earnings ratios of the financial services sector were lower than that for GE. [30]
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