GE AEROSPACE (GE)
Sector: Industrials
Sector: Industrials
GE AEROSPACE - Executive Compensation
Chairman & CEO
Executive Compensation
H. Lawrence Culp, Jr., known as Larry Culp, serves as Chairman and Chief Executive Officer of GE Aerospace, a role he has held since the company's spin-off in April 2024. A seasoned leader in industrial manufacturing, Culp brings over three decades of experience driving operational transformations and value creation. He earned a Bachelor of Arts in American Literature from Washington and Lee University in 1985 and a Master of Business Administration from Duke University's Fuqua School of Business in 1988. Culp's professional ascent began at Danaher Corporation, where he joined in 1990 and rose through the ranks over 28 years to become President and CEO in 2001. During his tenure, he orchestrated more than 300 acquisitions, implemented the Danaher Business System—a rigorous lean management framework—and propelled the company's market capitalization from $2.4 billion to over $60 billion by 2018. His track record of fostering a culture of continuous improvement and disciplined growth earned him widespread recognition as one of the most effective CEOs in corporate America. Appointed Chairman and CEO of General Electric in October 2018 amid significant challenges, Culp led a comprehensive turnaround, simplifying the conglomerate by separating it into three standalone public companies: GE HealthCare (2023), GE Vernova (2024), and GE Aerospace. At GE Aerospace, he has focused on enhancing profitability, investing in advanced aviation technologies like sustainable propulsion systems, and delivering record free cash flow while returning billions to shareholders through dividends and buybacks, solidifying the company's leadership in commercial and military aerospace.