On April 2, the famous Wall Street bell greeted more than just the IPO of Vernova and GE Aerospace. It marked the final phase of the dismemberment of the legendary General Electric conglomerate and its official split into three distinct entities. GE Healthcare, one of the leading American manufacturers of medical equipment, had already been separated from the group since 2021. It is the turn of Vernova, which brings together GE’s energy activities, and in particular its production of wind turbine blades, to become independent .
GE Aerospace, an aeronautics colossus that equips two-thirds of the planet’s planes with engines, has the distinct honor of retaining the logo, a symbol of American capitalism for one hundred and thirty-two years. Larry Culp, who launched the process of separating the group in 2021, remains at the helm of GE Aerospace, whose market capitalization is guaranteed to exceed $100 billion. At 61, his career is far from slowing down, as his name is circulating for the management of Boeing, another icon in great need of renewal.
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