Rice returns

26 November 2018

GE has announced a new senior management team – reporting to new chairman and CEO, Lawrence Culp – for its power segment, which is being reorganised into two businesses: GE Gas Power (consisting of Gas Power Systems and Power Services); and GE Power Portfolio (consisting of Steam (including coal power and steam turbine technology), Grid Solutions, Nuclear, and Power Conversion.

A striking feature of the new team is that John Rice, retired GE vice chairman, will return to GE to serve as chairman of GE Gas Power business. In this role “John will leverage his global reach, knowledge of GE’s gas customers and management experience to advise the GE Gas Power leadership team as it establishes itself as a standalone unit.” He retired from GE in 2017 after 39 years with the company.

Scott Strazik, current president of Power Services, will be CEO of GE Gas Power, while Russell Stokes, current CEO of GE Power, is to be the CEO of GE Power Portfolio. 

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