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GE Aerospace Extends CEO Culp's Contract Through 2027 [Financial Post (Toronto, Ontario, Canada)]

GE Aerospace (GE)  More Company Research Source: Financial Post
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — General Electric Co. agreed to keep Chief Executive Officer Larry Culp in the top job at the aerospace manufacturer through at least 2027, removing him from the field of potential candidates to be Boeing Co.'s next CEO. Culp could helm the company, which operates as GE Aerospace, through 2028 if he and the board agree, the company said in a securities filing on Monday. Article content The extension comes after Culp orchestrated a multiyear turnaround of the former conglomerate, culminating with the April spinoff of its energy-related businesses. That left GE Aerospace, the world's largest maker of jet engines, as the remaining company. It separated its health-care division in 2023. The former Danaher Corp. CEO's existing contract at GE Aerospace was set to expire in August. He had been seen as a candidate to succeed Boeing's Dave Calhoun, who ha [Read more]
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Stockreport

GE Aerospace Extends CEO Culp's Contract Through 2027 [Financial Post (Toronto, Ontario, Canada)]

GE Aerospace  (GE) 
More Company Research Source: Financial Post
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — General Electric Co. agreed to keep Chief Executive Officer Larry Culp in the top job at the aerospace manufacturer through at least 2027, removing him from the field of potential candidates to be Boeing Co.'s next CEO. Culp could helm the company, which operates as GE Aerospace, through 2028 if he and the board agree, the company said in a securities filing on Monday. Article content The extension comes after Culp orchestrated a multiyear turnaround of the former conglomerate, culminating with the April spinoff of its energy-related businesses. That left GE Aerospace, the world's largest maker of jet engines, as the remaining company. It separated its health-care division in 2023. The former Danaher Corp. CEO's existing contract at GE Aerospace was set to expire in August. He had been seen as a candidate to succeed Boeing's Dave Calhoun, who ha [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GE
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS