- Bloomberg
GENERAL Electric Co, known now as GE Aerospace, has reclaimed its position as the largest industrial company by market value as jet engine production and after-market service both ramp up. This feat is nothing short of amazing, given the mess that chief executive officer Larry Culp inherited when he arrived in 2018.
Its market value of US$219bil doesn’t count the US$121bil value of GE Vernova Inc, the energy business that Culp spun out earlier this year, or an additional US$40bil from GE Healthcare Technologies Inc, which began trading separately in December 2022.
