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Fortune

Diane Brady

This CEO is trying to revive some of what made GE so special

GE Larry Culp Fortune Diane Brady GE Healthcare GE Aerospace GE HealthCare Technologies GE Vernova

(Credit: Courtesy of GE HealthCare Technologies)

In today’s CEO Daily: Diane Brady interviews GE HealthCare CEO Peter J. Arduini.
The big story: Is Greenland next?
The markets: Mostly up, with large gains again in Asia.
Plus: All the news and watercooler chat from Fortune.

Good morning. Of all the turnarounds in the past several years, few rival what Larry Culp managed to do for General Electric. Tapped as the first outsider to run GE in late 2018, Culp split the moribund conglomerate into three Fortune 500 public companies: GE HealthCare Technologies, GE Vernova and GE Aerospace. The first to spin off was GE HealthCare, which went public on the Nasdaq exchange on Jan. 4, 2023. Since then, its stock is up almost 50%. (GE Vernova is up 400% since its April 2024 debut, thanks in large part to AI-driven electricity demand, while GE Aerospace has more than doubled.)

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