GE’s Culp Saved the House That Jack Welch Built: Thomas Black

Jan. 12, 2026, 11:00 AM UTC

Shares of General Electric Co. have jumped out of the gate this year faster than the gains of the S&P 500 Index. That doesn’t sound like a stellar achievement unless you consider that the stock has already surged sixfold in the last three years.

The fact that GE’s turnaround still has legs is testament to the talent of Chief Executive Officer Larry Culp, who took over a legendary company that was in deep trouble in 2018 and rescued it.

GE, the aircraft engine producer that does business as GE Aerospace, has regained its crown as the largest industrial company by ...

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