General Electric's (NYSE: GE) CEO Larry Culp, Jr. will become the CEO of GE Aviation, replacing John Slattery, who was at the helm for the past two years.
GE CEO Larry Culp, Jr. is taking on the additional role of CEO for GE Aviation, replacing John Slattery, while maintaining his current positions as Chairman and CEO of GE.
This strategic move is designed to prepare GE Aviation for its future as an independent, aviation-focused company by early 2024, as part of GE's plan to split into three public entities.
GE Aviation remains a top profit source for GE, showing strong commercial order growth amid the travel rebound, but faces ongoing challenges such as supply chain issues and workforce shortages.
General Electric’s (NYSE: GE) CEO Larry Culp, Jr. will become the CEO of GE Aviation, replacing John Slattery, who was at the helm for the past two years.
The change was effective at the time of the announcement, and GE said that Culp would maintain his role as Chairman and CEO of GE.
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Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.
