General Electric Management
Management criteria checks 2/4
General Electric's CEO is Larry Culp, appointed in Oct 2018, has a tenure of 6.08 years. total yearly compensation is $14.70M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $214.24M. The average tenure of the management team and the board of directors is 1 years and 4.2 years respectively.
Key information
Larry Culp
Chief executive officer
US$14.7m
Total compensation
| CEO salary percentage | 17.0% |
| CEO tenure | 6.1yrs |
| CEO ownership | 0.1% |
| Management average tenure | less than a year |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
GE Aerospace Q3: Strength In Order Book Continues
Oct 22General Electric: The Razor Blade Business Model
Oct 16GE Aerospace Stock Is Super Expensive, But Still A Buy
Sep 24GE Aerospace: Investing $1 Billion In MRO Facilities
Aug 27This Is Not Your Father's GE: GE Aerospace Keeps Hitting Home Runs
Jul 23Moat Monster: GE Aerospace's Rally Is Just The Beginning
Jun 06GE Aerospace: First Standalone Results Back Up Premium Valuation
May 06GE Aerospace Q1: A Standalone Company With Strong Order Growth
Apr 25GE Aerospace: GE Is Dead, Long Live GE
Apr 03Should You Investigate General Electric Company (NYSE:GE) At US$175?
Mar 23
We Think General Electric (NYSE:GE) Can Manage Its Debt With Ease
Mar 08Up 45% Since October: Is General Electric's Rise Sustainable?
Mar 01General Electric Stock: A Hold After Hitting 6-Year High
Feb 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$6b |
| Jun 30 2024 | n/a | n/a | US$4b |
| Mar 31 2024 | n/a | n/a | US$4b |
| Dec 31 2023 | US$15m | US$3m | US$9b |
| Sep 30 2023 | n/a | n/a | US$10b |
| Jun 30 2023 | n/a | n/a | US$9b |
| Mar 31 2023 | n/a | n/a | US$7b |
| Dec 31 2022 | US$8m | US$3m | -US$1b |
| Sep 30 2022 | n/a | n/a | -US$6b |
| Jun 30 2022 | n/a | n/a | -US$5b |
| Mar 31 2022 | n/a | n/a | -US$5b |
| Dec 31 2021 | US$23m | US$3m | -US$5b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$516m |
| Mar 31 2021 | n/a | n/a | -US$178m |
| Dec 31 2020 | US$73m | US$653k | US$6b |
| Sep 30 2020 | n/a | n/a | US$4b |
| Jun 30 2020 | n/a | n/a | US$4b |
| Mar 31 2020 | n/a | n/a | US$5b |
| Dec 31 2019 | US$25m | US$3m | -US$1b |
| Sep 30 2019 | n/a | n/a | -US$354m |
| Jun 30 2019 | n/a | n/a | -US$22b |
| Mar 31 2019 | n/a | n/a | -US$21b |
| Dec 31 2018 | US$17m | US$625k | -US$21b |
Compensation vs Market: Larry's total compensation ($USD14.70M) is about average for companies of similar size in the US market ($USD12.74M).
Compensation vs Earnings: Larry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Larry Culp (61 yo)
6.1yrs
Tenure
US$14,698,285
Compensation
Mr. H. Lawrence Culp, Jr. also known as Larry, is Chairman of GE HealthCare Technologies Inc. from January 3, 2023. He serves as Non-Executive Chairman of Ge Healthcare since January 2023. He serves as Chi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.1yrs | US$14.70m | 0.11% $ 214.2m | |
| Senior VP & CFO | 1.2yrs | US$4.91m | 0.0041% $ 7.8m | |
| President and CEO of Commercial Engines and Services | less than a year | US$8.26m | 0.014% $ 27.3m | |
| Chief Accounting Officer | less than a year | no data | 0.0010% $ 2.0m | |
| Chief Information Officer | 1.7yrs | no data | no data | |
| Senior VP | less than a year | no data | no data | |
| Senior Vice President of Corporate Development | less than a year | no data | no data | |
| Chief Human Resources Officer | no data | no data | no data | |
| Chief Executive Officer of Aerospace Carbon Solutions (ACS) & Sustainability | less than a year | no data | no data | |
| President & CEO of GE Gas Power’s APAC | no data | no data | no data | |
| President & CEO of European Region | 6.8yrs | no data | no data | |
| Chief Digital Officer | 4.8yrs | no data | no data |
1.0yrs
Average Tenure
53yo
Average Age
Experienced Management: GE's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.6yrs | US$14.70m | 0.11% $ 214.2m | |
| Lead Independent Director | 6.6yrs | US$344.97k | 0.00064% $ 1.2m | |
| Independent Director | 2.7yrs | US$307.42k | 0.0010% $ 2.0m | |
| Independent Director | 8.8yrs | US$317.66k | no data | |
| Independent Director | 5.7yrs | US$324.75k | no data | |
| Independent Director | 7.1yrs | US$304.45k | no data | |
| Independent Director | 2.7yrs | US$319.60k | no data | |
| Independent Director | less than a year | US$23.63k | no data | |
| Independent Director | less than a year | US$23.63k | no data | |
| Independent Director | 1.7yrs | US$215.82k | no data |
4.2yrs
Average Tenure
63yo
Average Age
Experienced Board: GE's board of directors are considered experienced (4.2 years average tenure).