The company, founded in 1892, has refashioned itself in recent years from the sprawling conglomerate created by Jack Welch in the 1980s to a much smaller and focused entity. It was heavily damaged by the financial crisis.
Culp will become non-executive chairman of the healthcare company. Peter Arduini will serve as president and CEO of GE Healthcare effective January 1, 2022. Scott Strazik will become CEO of the combined renewable energy, power, and digital business. Culp will lead the aviation business along with John Slattery, who will remain its CEO.Aviation is the most profitable part of GE's business.
However, the financial crises of 2007-2008 revealed the how exposed GE was to risk, particularly through its financial division.
so generalelectric GE doing shit splitting.. -one big pile of shit, divided into three smaller piles of shit larryculpjr $ge
Jack Donaghy will be crushed.
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