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When Larry Culp stepped into the CEO role at General Electric in 2018, he was the first outsider to lead the iconic company. Founded by Thomas Edison in 1892, GE had morphed over more than a century into a sprawling conglomerate that was struggling under $135 billion in debt.<br/><br/>One of Culp’s predecessors had made a costly acquisition bet, investors had fled, and the company’s market cap had shrunk to $70 billion, down more than half a trillion dollars from August 2000, when it was the most valuable company in the world. Culp turned GE’s board down twice before accepting the CEO job, but ultimately extracted a multimillion-share incentive package linked to GE’s share price. At the time, CNBC’s Jim Cramer said it was “the best performance-oriented contract I’ve ever seen.”<br/><br/>Spoiler alert: It paid off.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/sarahwhitmire/2024/03/31/general-electric-ceo-larry-culp-to-join-small-club-of-billionaire-executives/?sh=7902b57d449b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

CEO Larry Culp's Overhaul Of GE Will Make Him A Billionaire

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Larry P. Pedroche

Be a Jet-Squad ISO protection Agent student.

⏲ 44 seconds 👁 50

Larry P. Pedroche

LTOPF RENEWABLE AFTER TEN (10) YEARS.

⏲ 1 minute 35 seconds 👁 28

It takes a good actor to act like they're not acting.

10 Actors That Were So Bad They Had To Quit TV Shows

⏲ 8:10 👁 10.2M

Larry P. Pedroche

⏲ 21 minutes 32 seconds 👁 13

Larry P. Pedroche

⏲ 19 minutes 5 seconds 👁 8

'Curb Your Enthusiasm' has captured the attention of Georgia's Secretary of State. The season premiere of the final season of the HBO comedy featured Larry David being arrested for violating Georgia's election integrity law for giving his friend Leon Black's aunt a bottle of water while she waited in line to vote on a hot day in Atlanta. He's now facing a looming trial on the series. The storyline must have made its way to the state capitol, because last month Georgia's Secretary of State, Brad Raffensperger, sent a letter to David addressing the plotline about the 2021 voting law.

'Curb Your Enthusiasm' Plot Gets Attention From Georgia Secretary of State, Sends Letter to Larry David | THR News Video

⏲ 1:52 👁 27.9M

Larry P. Pedroche

⏲ 1 hour 56 minutes 46 seconds 👁 3

Larry P. Pedroche

SILENT LIVE STREAM

⏲ 1 hour 40 minutes 10 seconds 👁 6

The latest episode of PBS series 'Finding Your Roots' saw Michael Douglas shocked after discovering he is related to Scarlett Johansson, and actress Lena Dunham was also stunned to find out she is related to Larry David.

'Are you kidding?!' Michael Douglas discovers he's related to fellow A-List actor

⏲ 0:57 👁 21.7M

Larry P. Pedroche

JOIN PSPC Batch 67 CLASS STARTED 6 AUG 2022.

⏲ 14 minutes 48 seconds 👁 35

Larry P. Pedroche

STRONG BODY ATTACKED BY 3 PERSONS.

⏲ 1 minute 59 seconds 👁 1.9K

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