GE’s CEO Has Saved the House That Jack Welch Built | January 12, 2026 | Bloomberg

Bloomberg

Shares of General Electric Co. have jumped faster than the gains of the S&P 500 Index this year, following a sixfold surge in the last three years.

GE has regained its crown as the largest industrial company by market value, driven by robust revenue growth and profit margins at GE Aerospace.

The company's turnaround is attributed to the talent of Chief Executive Officer Larry Culp, who took over in 2018 and implemented a strategy to make manufacturing and service operations more efficient.

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"The engine-service business is expanding, and Culp’s efficiency strategy, which he calls Flight Deck, is increasing margins and freeing up capacity."