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Steering the Course: GE Aerospace Keeps CEO Culp At The Helm Through 2027

GE Aerospace (NYSE:GE) disclosed that it has extended CEO Larry Culp’s tenure until the end of 2027, with the option for an additional one-year extension. Notably, Culp’s employment agreement was earlier scheduled to end on August 17, 2024. The decision follows reports from two weeks ago that Larry Culp had declined an offer from The Boeing Company (NYSE:BA) to become its CEO, reported Reuters. Related: Boeing’s Search For ...