Larry Culp Bio | Wiki
Larry Culp ( Full Name: Henry Lawrence “Larry” Culp, Jr.) is a popular American business executive who is Chairman and Chief Executive Officer at GE and Chief Executive Officer at GE Aerospace. In June 2022, Larry was appointed CEO of GE Aerospace. Larry is the first outsider to run GE in the company’s 126-year history. Before joining GE, Larry worked at Pall Corporation and Danaher Corporation in Washington, D.C.
Larry joined the Danaher Corporation in 1990 and worked as CEO from 2001 to 2014. He joined the GE board of directors in April 2018. He is also a senior advisor at Bain Capital Private Equity and a non-executive director of T. Rowe Price. In April 2021, the Financial Times reported that Larry faced push back from two of the largest shareholder advisers on his pay package, which includes a bonus of $47 million. In June 2022, Larry extended his role as CEO of GE Aviation, in addition to GE.
Larry Culp Age
Larry was born in March 1963, in Washington, D.C., in the United States. He is 60 years old.
Larry Culp Height
He is a man of above-average stature. Larry stands at a height of 6 ft 2 in ( Approx. 1. 88m ).
Larry Culp Family
He was born and raised in the Washington, D.C. area, the son of a small welding company owner. Larry holds American nationality. His father Henry Lawrence Culp died on April 21, 2016. He has a sister named Laurie Culp Hochstein of Mt. Airy, MD.
Larry Culp Wife
Larry is married to his wife Wendy. The couple has three children Andrew Culp, Jameson Culp, and Caroline Culp. The family resides in the Boston Area. His son Andrew Culp was born on June 30, 1994, and played football at UNC.
Larry Culp Education
He received a bachelor’s degree from Washington College, as well as an MBA from Harvard Business School.
Larry Culp GE | GE | CEO
He works as the Chairman and Chief Executive Officer of GE and Chief Executive Officer of GE Aerospace. He is GE’s twelfth CEO and eleventh Chairman. Larry joined the GE Board of Directors in April 2018 and was named CEO of GE in October 2018. In June 2022, Larry was appointed CEO of GE Aerospace. As CEO, he has led GE’s transformation to become a more focused, simpler, and stronger high-tech industrial company. Under Larry’s leadership, GE’s total gross debt reduction will be over $100 billion through 2023.
Before joining GE, he served as the President and CEO of Danaher Corporation from 2000 until 2014, and during his tenure, the company increased both its revenues and its market capitalization five-fold. He joined Danaher in 1990 at Veeder-Root, becoming President in 1993. Larry was appointed Group Executive and Corporate Officer in 1995, with responsibility for Danaher’s Environmental and Electronic Test and Measurement platforms while also serving as President of Fluke and Fluke Networks. He was appointed Executive Vice President in 1999, Chief Operating Officer in 2001, and President and CEO in 2001.
Larry Culp House
Larry owns a home in the Boston area. The house is on Learman Road along the Chester River. Both the house and an accessory building being moved are in the buffer zone of the critical area.
Larry Culp Compensation
He saw his total compensation decline over 60% in 2022 after agreeing in 2022 to a reduced annual stock award. Larry’s total compensation in 2022 was $8.2 million, down from $22.7 million in 2021, as per the company’s annual proxy filing.
Larry Culp Salary
He earns a satisfying amount from his work as a business executive who is Chairman and Chief Executive Officer at GE and Chief Executive Officer at GE Aerospace. Larry’s average salary is $800,768 per year
Larry Culp Salary 2020
In 2020 as GE’s eleventh Chairman and twelfth CEO Larry’s average salary was $564,867 per year.
Larry Culp Net Worth
Larry gets his wealth from his work as a business executive who is Chairman and Chief Executive Officer at GE and Chief Executive Officer at GE Aerospace. Therefore, Larry has accumulated a decent fortune over the years. Larry’s net worth is $569 million.
How Old Is Larry Culp
Larry is a 60-year-old who was born in March 1963, in Washington, D.C., in the United States.
How Tall Is Larry Culp
Larry is a man of above-average stature who stands at a height of 6 ft 2 in ( Approx. 1. 88m ).
Who Is Larry Culp
He is the Chairman and CEO of GE and CEO of GE Aerospace where Larry works with an exceptional team that rises to the challenge of building a world that works in every corner of the world every hour of every day. Larry was President and CEO of Danaher Corporation from 2001 to 2014. He joined Danaher in 1990 at Veeder-Root, becoming President in 1993.