Biography
H. Lawrence "Larry" Culp Jr. is an American business executive, currently serving as the Chairman and CEO of GE Aerospace. Born in 1963, Culp holds a Bachelor's degree from Washington College and an MBA from Harvard Business School. Culp's career includes leading Danaher Corporation from 2001 to 2014, where he grew the company significantly. He took the helm at General Electric (GE) in October 2018, becoming the first outsider to lead the company in its 126-year history. During his tenure at GE, Culp led a multi-year transformation, strengthening the balance sheet and reducing debt. His current estimated net worth is approximately $175 million. In 2024, his total compensation as GE Aerospace’s CEO was $87.4 million, including salary, bonus, and stock awards. Culp is known for his focus on operational excellence, which is exemplified by his dedication to continuous improvement and a focus on safety, quality, delivery, and cost.