Following earlier announcements of plans to split GE into three independent companies for aviation, healthcare and power growth, the company today announced several changes to its senior leadership in the aviation department.
H. Lawrence Culp Jr. K has been appointed CEO of GE Aviation, in addition to the remaining Chairman and CEO Parent GE; John Slaterry, who held the role of president and CEO of GE Aviation, will be the division’s executive VP and chief commercial officer; Russell Stokes has been nominated President and CEO of Commercial Engines and Services; And Rahul Ghai has been appointed by GE as CFO of GE Aviation, after Shane Wright. Slattery, Stokes, and Ghai will report directly to Culp.
Ghai will begin work as CFO on August 15, working with the company to ensure a smooth transition to Wright’s retirement later this year after 34 years.
“GE Aviation is an exceptional business in the growing commercial and military sectors that is shaping the future of flights,“ Kalp said. “There are plenty of opportunities in aviation in the coming years, and the board and I have decided that this is the right time for me to take on this expanded role and support our customers, meet unprecedented demand ramps and work more closely with the team. Prepare for the future of GE Aviation as an independent public company.“