Hints and tips:
...We think we can make a much better business with offshore wind, but we’re staring at some challenges that we need to address here in the fourth quarter and in 24,” GE chief executive Larry Culp told analysts...
...It was the aviation business, rather than the healthcare or energy units, that boss Larry Culp chose to oversee post break-up. Coincidence or prescience? Either way, Culp picked a winner....
...Peltz secured a board seat for his son-in-law, and then in October 2018 got Immelt’s successor John Flannery replaced by CEO Larry Culp....
...And then there is what the GE board of directors gave Larry Culp in August 2020 to retain his services....
...Recent examples include Larry Culp at engineer General Electric, Amanda Blanc at insurer Aviva and Andrea Orcel at lender UniCredit. In calmer times, bad CEOs destroy value with grandiose takeovers....
...Culp said at an investor day that the company would have “high growth” this year....
...General Electric chair and chief executive Larry Culp will become head of GE Aviation, one of three separate public companies that will come from the break-up of the industrial conglomerate....
...General Electric is heading for a showdown over a $47m bonus for its chief executive Larry Culp, after the two largest shareholder advisers recommended investors vote against the pay package in protest at...
...Larry Culp, the GE chief executive who plans to become head of the remaining aerospace business after it splits off its healthcare and energy divisions, said the group was sticking to its guidance that full-year...
...Larry Culp, the General Electric chair and chief executive whose potential $230mn pay deal was rejected by investors last year, has consented to cut his equity incentive grant for this year by two-thirds...
...General Electric rewrote chief executive Larry Culp’s pay that year, resulting in a $240mn pay deal that the company’s shareholders ultimately opposed....
...Shares in GE fell 10 per cent to $80.71 in morning trading in New York after chief executive Larry Culp detailed a series of “macro headwinds” putting pressure on revenues, as the 130-year-old group prepares...
...The hubris-to-nemesis story of how this emblematic American corporation ended up being hounded by activist investor Nelson Peltz and broken up under its current chief executive Larry Culp must count as one...
...Supply chain challenges led General Electric to miss Wall Street’s expectations for the fourth quarter, in a setback for chief executive Larry Culp’s plan to split the industrial conglomerate into three...
...Larry Culp, GE chief executive, said the growing number of companies spinning off their healthcare divisions probably reflected a recognition that healthcare companies tend to operate in a non-industrial...
...The split will represent a final unbundling by chief executive Larry Culp, a company outsider free of alliances or devotion to “the GE legacy”. His laser focus has been on driving down debt....
...GE’s break-up move manoeuvred by chief executive Larry Culp continues the unwinding of what briefly was the world’s largest company, a former triple A-rated giant built by Jack Welch at the end of the last...
...Under chief executive Larry Culp, the group has shed assets, pared down debt and begun simplifying its financial reporting....
...I don’t think anybody really does,” chief executive Larry Culp told analysts....
...General Electric reported a drop in fourth-quarter revenues in a setback for chief executive Larry Culp as he readies to split the industrial conglomerate into three companies....
...Larry Culp, the General Electric chair and chief executive who faced a similar shareholder protest last year, in March agreed to cut his annual equity incentive award by $10mn....
...We salute GE CEO Larry Culp and his team’s efforts in driving long-term shareholder value.”...
...US industrial group General Electric is to split itself into three public companies from 2023, a big step in chief executive Larry Culp’s plan to streamline the sprawling conglomerate....
...GhSmart found many successful chief executives came from lesser-known executive farms, including Larry Culp’s former employer Danaher....
...General Electric shareholders voted against chief executive Larry Culp’s $230m pay package on Tuesday, extending a wave of investor activism over big bonuses at US companies this year....
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