General Electric Company (GE)

About General Electric Company (GE)

Company Description:


General Electric Company, commonly known as GE, is a multinational conglomerate renowned for its diverse range of industrial products and services. It operates through a variety of segments including Aviation, Power, Renewable Energy, Healthcare, and Capital.

Founded by Thomas Edison, J.P. Morgan, and others on April 15, 1892, GE has played a pivotal role in the development of the electrical industry. The company is headquartered in Boston, Massachusetts, United States.


Main Product(s):


GE's main products and services span across several sectors, including aircraft engines, power generation, wind turbines, medical imaging, and financial services.


Short History of General Electric Company:


  • 1892 – Founded by Thomas Edison and others.
  • 1896 – One of the original 12 companies listed on the newly formed Dow Jones Industrial Average.
  • 1981 – Jack Welch became CEO, initiating significant restructuring.
  • 2008 – Faced challenges during the financial crisis, leading to a shift in strategy.
  • 2015 – Announced plans to focus more on industrial businesses.
  • 2018 – GE was removed from the Dow Jones Industrial Average.
  • 2020 – GE announced its plan to become carbon neutral by 2030.

Key Executives:

NameTitlePayExercisedYear Born
Mr. H. Lawrence Culp Jr.Chairman & CEO3.05MN/A1963
Mr. Russell T. StokesPresident and CEO of Commercial Engines & Services - GE Aerospace3.17MN/A1971
Ms. Carolina Dybeck HappeSenior Vice President of Finance4.89MN/A1972
Mr. John Stephen SlatteryExecutive VP & Chief Commercial Officer of GE Aerospace2.85MN/A1969
Mr. Rahul GhaiSenior VP & CFON/AN/A1972
Mr. Thomas S. TimkoVP, Controller & Chief Accounting OfficerN/AN/A1968
Mr. Victor R. AbateSenior VP, CTO & CEO of Onshore WindN/AN/AN/A
Mr. David BurnsChief Information OfficerN/AN/AN/A
Mr. Steven Eric WinokerVice President of Investor RelationsN/AN/AN/A
Mr. Michael J. HolstonSenior VP, General Counsel & Secretary4.16MN/A1962

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