general Electric the company said on Monday H. Lawrence Culp Jr.Craftsman, who plans to split into three state-owned companies, is holding the additional position of chief executive officer of GE Aviation.
Mr. Culp remains president and CEO of Boston-based GE, which in November announced plans to spin off its healthcare and power businesses while maintaining its aviation operations. The breakup of the more than a century-old company is the culmination of a years-long process of shrinking GE, when Mr. Culp took office in late 2018 and stabilized GE’s operations by selling business units and paying off the company’s debt. tried to do.