We Are Go!

Journey to three
Since November 2021, the GE corporation has been on a mission to create three industry-leading, global, investment-grade public companies. Each benefitting from greater focus, tailored capital allocation, and strategic flexibility to drive their long-term growth and value. The three companies are:

• GE HealthCare, a global leader in precision care.
• GE Vernova, a combined renewable energy, gas power and digital business positioned to lead the energy transition.
• GE Aerospace, a global leader in propulsion, services, and systems inventing the future of flight.

Spin Offs
On January 4th, 2023, GE completed the separation of its healthcare business, GE HealthCare, trading on the Nasdaq under the ticker symbol ‘GEHC’.

On Tuesday (April 2nd) this week, GE spun off GE Vernova and launched GE Aerospace, both companies listing on the New York Stock Exchange (NYSE) under the ticker symbols ‘GEV’ and ‘GE’ respectively. The two companies also rang the opening bell together – the first time in the history of the NYSE that two companies have done so. Joining GE Aerospace’s CEO Larry Culp on the NYSE podium were senior GE Aerospace leaders Russell Stokes, Amy Gowder, Riccardo Procacci, Mohamed Ali and long-tenured employees Gail Thompson and Dan Darrell. GE Aerospace customers, partners and employees were on the trading floor and in the galleries to witness this historic occasion.

Drone Show
To mark the occasion in a unique way, residents of Manhattan, New York and Weehawken, New Jersey may have noticed a spectacular drone show over the Hudson River on Monday night (April 1st), telling the story of how the last three GE business are marking a new era in building a healthier, brighter, and more connected future. And with a vision to be the company that defines flight for today, tomorrow and the future, and now an independent, publicly traded company, it’s no wonder 49,000 GE Aerospace employees are shouting the phrase “we are go.”