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 Chairman and CEO Larry Culp Jr. has taken on the additional role of CEO of GE Aviation, replacing John Slattery, effective immediately.
This strategic leadership change is part of GE's plan to split into three public companies, positioning Culp to prepare GE Aviation for its future as an independent, aviation-focused entity by early 2024.
Culp will lead GE Aviation, a primary profit driver for GE experiencing a significant travel rebound and growth in commercial and military sectors, despite facing industry challenges like supply chain issues.
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.
