The 'fantastic' and 'lucrative' Larry Culp: What the incoming CEO brings to troubled GE

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Larry Culp brings more than a decade of remarkable success as the CEO of Danaher to his new role at GE. Here's a look at his record.

 

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New GE CEO Larry Culp Is Very Different From His 11 PredecessorsNew GE CEO Larry Culp is very different from his 11 predecessors. Here's how (via BarronsOnline)
Source: MarketWatch - 🏆 3. / 97 Read more »

GE’s New CEO Larry Culp Has That Turnaround Gene, Says AnalystMelius Research’s Scott Davis writes that GE has been plagued by problems “all related to this company being run by a band of incompetents for way too long.” He likes what he sees in Culp.
Source: MarketWatch - 🏆 3. / 97 Read more »

Watch CNBC's full interview with General Electric's Larry CulpCNBC's David Faber sits down with General Electric CEO Larry Culp to discuss the company's future outlook and what the company is doing to turnaround the stock. Sounds alot like more of the same. generalelectric should be ashamed of what it did to it's employees, retirees, and shareholders. larryculpjr needs to quit taking a page from Flannery's book and lay it ALL out there instead of allowing $GE to continue to be the joke of Wall St Seems like the problems at generalelectric is a...
Source: CNBC - 🏆 12. / 72 Read more »

GE CEO Larry Culp Could Get Millions of Shares — if He Can Double the Stock PriceWhen Culp was named to GE’s top post, his compensation package included a one-time inducement award of 2.5 million to 7.5 million performance stock units that are eligible to pay out on a one-to-one basis into GE stock based on hitting specific price targets.
Source: MarketWatch - 🏆 3. / 97 Read more »

GE boss could face his own goodwill writedownThe firm’s stock sank anew on Monday despite Larry Culp’s vow to speed asset sales. Repeated failures to draw a line under power woes and other liabilities have shredded GE’s credibility. The new chief risks falling into the same trap, and losing investors’ confidence.
Source: Breakingviews - 🏆 470. / 51 Read more »

Can Larry Culp Fix GE?The company’s first outsider CEO ever brings with him a management philosophy from the little-known, highly successful conglomerate Danaher. He’s got big problems to solve. Billy_Glynn9 Good luck!!
Source: WSJ - 🏆 98. / 63 Read more »

GE shares rebound from 9-year low after UBS upgrades stock: 'Larry Culp is key'UBS says the battered stock is primed for a turnaround with CEO Larry Culp at the helm. Immelt shld be sued for running it into ground!
Source: CNBC - 🏆 12. / 72 Read more »

Culp will have to move quickly to combat 'unsettling' change at GE, says former GE executiveGeneral Electric's new CEO, Lawrence Culp, will have to move quickly to turn things around amid 'unsettling' change at the company, says former GE executive Bob Nardelli.
Source: CNBC - 🏆 12. / 72 Read more »

General Electric powers downwardsLarry Culp confronts old blunders that could stymie his future plans for GE 'You can be sure, if it's WECNuclear.' Formerly a division of WX, Pittsburgh, PA. Pittsburgh My radio station can beat up your radio station. AcostaAccosted NBCLA 'What would J.P. Morgan and Edison say to you, by turning their company into a dump.' JPMorgan Edison $GE TheMenwhoBuiltAmerica CNBC Bloomberg FoxBusiness I heard about this at work a week ago. It would be nice to shorten the gap here
Source: TheEconomist - 🏆 6. / 92 Read more »

A Look at Larry Culp’s CareerH. Lawrence Culp Jr., named CEO of General Electric, becomes the first outsider to run the company in its 126-year history. As Danaher’s CEO, he helped that group become what some regard as a model conglomerate.
Source: WSJ - 🏆 98. / 63 Read more »