Posted 24 June, 2021
GENERAL ELECTRIC CO appointed new CEO
CEO Change detected for ticker NYSE:GE in a 8-K filed on 24 June, 2021.
On June 20, 2021, Kieran P. Murphy, President and Chief Executive Officer ("CEO") of GE Healthcare, communicated his intention to retire from General Electric Company ("GE").
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of GENERAL ELECTRIC CO
Industrial Goods • Aerospace Products/Parts
GE Aerospace is an American aircraft company, which provides jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft. Its portfolio of brands includes Avio Aero, Unison, GE Additive and Dowty Propellers. The company was founded by Thomas Alva Edison in 1878 and is headquartered in Cincinnati, OH.Market Cap
$217B
View Company Details
$217B
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 20, 2021, Kieran P. Murphy, President and Chief Executive Officer ("CEO") of GE Healthcare, communicated his intention to retire from General Electric Company ("GE"). Mr. Murphy will be succeeded by Peter J. Arduini, President and CEO of Integra LifeSciences, who agreed to join GE as part of a planned transition process to identify Mr. Murphy's successor. Mr. Arduini is expected to join GE as President and CEO of GE Healthcare in January 2022. Mr. Murphy will continue to serve in his current role until Mr. Arduini joins GE and then will serve as a strategic advisor to GE for a period of time. (2)
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