General Electric (GE) completed its breakup into three separate companies more than a year after spinning off its healthcare business. The aerospace and energy businesses of GE began trading on the NYSE as independent entities. Larry Culp, the CEO, played a crucial role in the split, aiming to increase the value of the individual parts.
When Larry Culp took over at GE, he was expected to sell parts of the 130-year-old conglomerate even faster than it had been assembled. His tenure is not just a victory of focus over sprawl, but also of operational excellence https://t.co/IUE1BIQBd9
General Electric was a mess when Larry Culp took over as boss in 2018. How did he turn the conglomerate around? https://t.co/RcoiqTHWhY 👇
Investors are reaping the rewards of GE’s split into three separate companies. The fact that the wind is at its back has undoubtedly helped. But Larry Culp also deserves praise https://t.co/Im1UcD96kp
General Electric has been split into a maker of jet engines, a manufacturer of power-generation equipment and a medical-devices firm. The businesses face many and serious difficulties ahead. But reorganisation is no longer one of them https://t.co/sBl98V4Olg 👇
Larry Culp’s success at GE is vindication for smooth operators. Bosses preparing to lop off divisions of their own firms will study him closely https://t.co/RSYi7GFwjX
GE mainly sells jet engines after its breakup, but it's still carrying liabilities left over from its time as a too-big-to-fail financial behemoth. https://t.co/Li0aasUgu3
Investors are reaping the rewards of GE’s split into three separate companies. The fact that the wind is at its back has undoubtedly helped. But Larry Culp also deserves praise: https://t.co/4VG8goaBxn Photo: Getty Images https://t.co/ufDHYmPsTM
'What Boeing, Disney and others can learn from General Electric. Lessons from the tenure of Larry Culp.' @theeconomist https://t.co/B3a9mIkC9A https://t.co/WjrYrmIZjr
Trendlines: In the case of General Electric’s just-completed three-way corporate breakup, investors are putting a higher value on the pieces than the pre-split package, writes @GlobeNewsEd. And that was what chief executive Larry Culp intended. https://t.co/2j10A5JQDC
GE completes three-way split more than a year after GE spun off its healthcare business https://t.co/ztoxkAu88A https://t.co/uT2PZaNPDq
The story of GE from Jack Welch building it to Jeff Immelt almost killing it 2x and Larry Culp somehow saving it and helping it thrive is quite the corporate saga
It’s the end of an era as the historic conglomerate, #GeneralElectric, has been split into three separate companies. The aerospace and energy businesses are now officially trading on the New York Stock Exchange as their own entities. https://t.co/VihlFrzerF
GE Aerospace, on the left, and GE Verona, an energy company, on the right, celebrated side by side on their first day of trading on the New York Stock Exchange on April 2. It marked the official split of General Electric into three separate companies https://t.co/ztoxkAuFY8 https://t.co/p9kr8WBETT
GE’s conglomerate model was historic. And now it's left in the past. https://t.co/Kay9zj5ker via @BW
Will GE do better as three companies than as one? As the industrial icon splits up, its corporate progeny will become less general and, amid the energy transition, more electric https://t.co/3wqjcPLH9g 👇
General Electric on April 2 completed its breakup into three companies, marking the end of the 132-year-old conglomerate that was once the most valuable US corporation and a global symbol of American business power https://t.co/ztoxkAu88A https://t.co/O5weQgVe9T
GE Aerospace Stock Is Soaring. Wall Street Is Helping. https://t.co/rmCwS6QSKZ
GE’s conglomerate model was historic. And now it's left in the past. https://t.co/MF6xaYo8q3
The industrial giant GE’s aerospace and energy businesses began trading on the NYSE as separate entities more than a year after GE spun off its healthcare business. Read more: https://t.co/0BAZ2VVgVx https://t.co/oXWIHVFYky
The industrial giant GE’s aerospace and energy businesses began trading on the NYSE as separate entities more than a year after GE spun off its healthcare business https://t.co/MIIAXH6Uzn https://t.co/E3RFuQN46Z