GENERAL ELECTRIC COMPANY

(GE)
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Delayed Nyse  -  04:00 2022-08-08 pm EDT
75.18 USD   +1.10%
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GENERAL ELECTRIC CO : Change in Directors or Principal Officers (form 8-K)

06/27/2022 | 08:57am EDT

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 27, 2022, General Electric Company ("GE") announced that H. Lawrence Culp, Jr. will serve as Chief Executive Officer of GE Aviation, effective immediately, in addition to his current role as Chairman and CEO of GE. John Slattery, current President and CEO of GE Aviation, has been named Executive Vice President and Chief Commercial Officer of the business, effective immediately.

GE also announced that Russell Stokes, current Senior Vice President, GE and President and CEO of GE Aviation Services, has been named President and CEO, Commercial Engines and Services, effective immediately.

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Financials (USD)
Sales 2022 75 056 M - -
Net income 2022 489 M - -
Net Debt 2022 13 451 M - -
P/E ratio 2022 851x
Yield 2022 0,52%
Capitalization 82 439 M 82 439 M -
EV / Sales 2022 1,28x
EV / Sales 2023 1,14x
Nbr of Employees 168 000
Free-Float 74,1%
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Mean consensus BUY
Number of Analysts 21
Last Close Price 75,18 $
Average target price 88,56 $
Spread / Average Target 17,8%
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Managers and Directors
H. Lawrence Culp Chairman & Chief Executive Officer
Carolina Dybeck-Happe Chief Financial Officer & Senior Vice President
Victor Abate Chief Technology Officer & Senior Vice President
Nancy Anderson Chief Information Officer & Vice President
Francisco D'Souza Independent Director
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