GE Aerospace becomes independent public company after split from GE Vernova
General Electric has completed the separation of its businesses. GE Aerospace, the US engine manufacturer, is now listed independently on the New York Stock Exchange (NYSE) under the symbol “GE”.
This transition represents a strategic repositioning for the conglomerate, which has been divided into three distinct entities, each with its own unique area of focus. The first to undergo this transformation was GE HealthCare in January 2023, now followed by GE Vernova, which concentrates on energy-related activities. GE Aerospace will focus solely on the aerospace sector.
“With the successful launch of three independent, public companies now complete – today marks a historic final step in the multi-year transformation of GE,” Henry Lawrence Culp Jr., GE Aerospace’s Chairman and CEO, stated. “I am tremendously proud of our team, their resilience, and their dedication to achieving this defining moment.”
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