GE HealthCare
Coverage of GE HealthCare in the Nexus archive.
- From Edison to the AI age: inside GE Vernova’s reinvention and 600% stock spike
GE Vernova, a company that helps generate about 25% of the world's electricity, is pivoting its focus to power the AI age, according to CEO Scott Strazik. The company has generated growth by developing R&D partnerships with new customers such as NVIDIA and Blue Energy. Since becoming an independent public company in April 2024, GE Vernova's stock has increased by over 600%.
- From near-collapse to $689 billion: Inside Larry Culp’s turnaround of GE
Larry Culp rescued GE from near-collapse, transforming its market value from $96 billion in 2018 to $689 billion across three restructured companies. The turnaround involved hands-on leadership, operational efficiency, and fostering relationships with workers and union representatives.
- How GE CEO Larry Culp pulled off the turnaround of the century
Larry Culp became GE's CEO in 2018 as the company neared collapse. He reduced debt, restructured operations, and split GE into three publicly traded companies—GE HealthCare, GE Vernova, and GE Aerospace—resulting in a combined market valuation of $689 billion and significant stock gains for the new entities.