Transportation
GE Aerospace Extends CEO Culp’s Contract Through 2027
- New deal could keep Culp at jet-engine giant for four years
- Culp had been seen as possible candidate for Boeing’s next CEO
Larry Culp
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
General Electric Co. agreed to keep Chief Executive Officer Larry Culp in the top job at the aerospace manufacturer through at least 2027, removing him from the field of potential candidates to be Boeing Co.’s next CEO.
Culp could helm the company, which operates as GE Aerospace, through 2028 if he and the board agree, the company said in a securities filing on Monday.