Business Headlines | 3 years ago

General Electric Company (NYSE:GE) Makes Changes To Its Higher Management

General Electric Company (NYSE:GE) has announced that it would be appointing three new officers  to its executive management team. The list includes the names of Visal Leng, Tony Mathis and Jenifer Waldo, for the posts of CEO of Asia Pacific GE Oil & Gas, VP of GE Aviation Military Systems Organization and Chief Human Resource Officer of GE Digital, respectively. The appointments come shortly after GE named Kenneth Onderko as the president of its joint venture, Nexcelle.

The company noted that Mr. Leng, Mr. Mathis and Ms. Waldo have been with General Electric for the last 20, 19 and 15 years, respectively. Mr. Leng’s experience at the company has been particularly focused on sales, quality and finance across GE’s water, oil and gas businesses. Similarly, Mr. Mathis has past experience working in the US Air Force, where he was responsible for flight testing and propulsion project engineering. Most recently, he held the position of Account Executive for the company’s aviation business.

General Electric also announced that Ms. Waldo had joined the company under its Human Resource Leadership program and has held different posts at both GE Aviation and GE Digital. Regarding the appointment of Mr. Onderko, the company noted that he is a GE employee and has held several management, design and project engineering positions at General Electric. Moreover, he was also the executive VP of the joint venture, since 2014, which makes him an ideal choice for the position. He also has past experience working on other joint ventures for GE Aviation.

Upon his appointment, the new president revealed that two programs at the Nexcelle joint venture were approaching significant milestones. He further stated that the company’s GE Aviation Passport Engine was recently tested in the Global 7000 Business Jet, by Bombardier. Added to this, the C919 Airliner is also being prepared for its first maiden flight.

General Electric Company (NYSE:GE) recorded a gain of 1.57% in terms of its share value, during the December 16 trading session, to close at $31.57 per share.

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