GE Aerospace: GE Is Dead, Long Live GE
GEGE(GE) Seeking Alpha·2024-04-04 03:09
creisingerThe old behemoth that was General Electric (NYSE:GE) in the 90s and 2000s and that legendary CEO Jack Welch built is no more. Headed by CEO Larry Culp who took over a debt-ridden, bloated and inefficient entity in 2018, GE has completed a series of divestments and spin-offs to restructure itself, emerging as a fully transformed new company. Following the spin-off of GE Healthcare in 2023 and with its power and energy division Vernova having spun-off earlier this week, the new GE (now known as  ...