Global Markets
GE's $689 Billion Resurrection: Larry Culp's Industrial Revival
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General Electric's (GE) transformation from a near-bankrupt $96 billion market cap in 2018 to $689 billion under Larry Culp stands as the most dramatic corporate turnaround in modern industrial history. Split into GE Aerospace, GE Healthcare, and GE Vernova, the conglomerate now ranks as America's 16th largest industrial group by value.