Reuters.NEW YORK – General Electric Co. (NYSE:) has laid out the leadership framework for its impending corporate split, which will see the establishment of two distinct entities, GE Vernova and GE Aerospace, by the second quarter of 2024. In a strategic move to streamline its business, GE announced on Tuesday that Stephen Angel will serve as the non-executive chairman of GE Vernova. Angel brings his experience as the current chairman of industrial gas giant Linde (NYSE:) Plc to the table.
The company also confirmed that H. Lawrence Culp, Jr., currently GE’s CEO, will take the reins of GE Aerospace, positioning the branch to pioneer advancements in aviation technology. This announcement marks a significant step in the company’s evo…
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