More news: Energy
Written by / Agency / Source: General Electric Company
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

GE Announces New Leadership in Power Reorganization - GE recently announced its intention to reorganize GE Power into two businesses GE Gas Power and GE Power Portfolio - GE.com
GE Announces New Leadership in Power Reorganization

 

NewswireToday - /newswire/ - Boston, MA, United States, 2018/11/19 - GE recently announced its intention to reorganize GE Power into two businesses GE Gas Power and GE Power Portfolio - GE.com. NYSE: GE

   
 
 

• GE Gas Power: John Rice to return to GE as Chairman; Scott Strazik to serve as CEO;
• GE Power Portfolio: Russell Stokes to serve as CEO.

GE recently announced its intention to reorganize GE Power into two businesses GE Gas Power, comprised of Gas Power Systems and Power Services, and GE Power Portfolio, comprised of the Steam, Grid Solutions, Nuclear, and Power Conversion businesses and consolidate Power’s headquarters structure to create a more simplified business structure that can best serve their customers. Today, GE announced the new senior leadership team, which will report directly to GE Chairman and CEO H. Lawrence Culp, Jr.

GE Chairman and CEO H. Lawrence Culp, Jr., said,“One of my top priorities is positioning our businesses to win, starting with GE Power. The leaders we are announcing today are exceptionally well suited to lead our new Gas Power and Power Portfolio teams in their efforts to deliver better customer outcomes and improve their execution and cost structures. I am confident this is the right strategy and the right team to lead these businesses forward.”

John Rice, retired GE Vice Chairman, will return to GE to serve as the Chairman of the GE Gas Power business. In this role, John will leverage his global reach, knowledge of GE’s gas customers and management experience to advise the GE Gas Power leadership team as it establishes itself as a standalone unit. John retired from GE after 39 years of service to the company. Over the course of his career, he led GE Energy, GE Transportation, GE’s Global Growth Organization (GGO) and GE’s Corporate Audit Staff. John’s mentorship of the GE Gas Power leadership team and experience in the industry will position this business and the team for success.

Scott Strazik, current President of Power Services, has been named the Chief Executive Officer of GE Gas Power business. Scott has more than 18 years of operations and leadership experience. Prior to his current role in Power Services, Scott held senior leadership roles in GE’s Gas Power Systems business including leading the Sales and Commercial Operations work as well as serving as the Chief Financial Officer. He graduated from Cornell University with a degree in Industrial Labor Relations and received a master’s degree from Columbia University’s School of International and Public Affairs with a focus on Economics and Public Policy.

Russell Stokes, current CEO of GE Power, will be named the Chief Executive Officer of GE Power Portfolio. Russell is a 20-year GE veteran. Prior to this role, Russell led GE Energy Connections, GE Transportation and held senior roles in GE Aviation. He started his career in GE Lighting and has worked across a variety of functions, including finance, sourcing, services, and operations.

Culp, added,“I look forward to working with John as he returns to GE and Scott and Russell in their new roles. This strong team of leaders will set up the power businesses to win.”

About GE

GE (ge.com) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. For more than 125 years, GE has invented the future of industry, and today it leads new paradigms in additive manufacturing, materials science, and data analytics. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers.

Investor Contact: Todd Ernst
P: 617-443-3400 - E: todd.b.ernst[.]ge.com.

 
 
 

Written by / Agency / Source: General Electric Company

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


GE Announces New Leadership in Power Reorganization

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
Publisher Contact: Jennifer Erickson - GE.com 
646-682-5620 jennifer.erickson[.]ge.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any General Electric Company securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From General Electric Company / Company Profile


Read Energy Most Recent Related Newswires:

Taiwan Power Company Provides Notice of Award to GE for Four HA Gas Turbines for DaTan 8&9 Project
Clemson University, GE Power Push Advanced Manufacturing Forward At GE Power’s Additive Manufacturing Lab in Greenville
UCI Expands into Canada with New Location in Owen Sound, Ontario
GE Provides Advanced Gas Turbine & Services for Iraq’s Al Qudus Power Plant
Voith Wins Modernization Order for Togolese Hydropower Plant Nangbeto
ABB Speeds Up Polish Sustainable Transport with Supply of DC Fast Chargers
Enel Starts Construction of 140 MW Wind Farm in South Africa
Imec and EnergyVille Present Unique Simulation Framework to Accurately Determine Energy Yield of Bifacial Solar Modules and Systems
SolarWinds to Host Technology Briefing and Networking Event During AFCEA West 2019
ENGIE Starts Operations of Kathu, A 100 MW Concentrated Solar Plant and One of South Africa’s Largest Renewable Energy Projects
Global Nuclear Fuel Extends Joint Venture Agreement with ENUSA
Green Mountain Energy and The Hill Announce Sustainability Partnership
GE Expands Renewable Energy Business Portfolio to Accelerate Growth, Improve Performance, and Lead the Energy Transition for GE
GE & Sumitomo Sign Agreement with SEWA to Develop, Build & Operate Sharjah’s First Independent Combined Cycle Power Plant
Orano Announces the Signature of Strategic Contract for the French Nuclear Sector

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow, Inc.

Visit  BizJobs.com





 
  ©2019 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)