Summary
General Electric Company (GE) announced a significant leadership transition within its GE Aviation division. David Joyce, Vice Chairman and President and CEO of GE Aviation, has informed the company of his intention to retire after a distinguished 40-year career with GE. This retirement marks the end of an era for a key figure in the company's aviation segment. To ensure a smooth handover, GE has appointed John Slattery, currently President and CEO of Commercial Aviation for Embraer, as the successor. Mr. Slattery will join GE as President and CEO-elect of GE Aviation on July 13, 2020, and formally assume the role of President and CEO on September 1, 2020. Mr. Joyce will remain involved in a transitional capacity, serving as non-executive Chairman of GE Aviation through the end of 2020 and as an advisor to GE Research and GE Aviation into 2021, ensuring continuity and knowledge transfer.
Key Highlights
- 1David Joyce, Vice Chairman and President & CEO of GE Aviation, is retiring after 40 years.
- 2John Slattery, formerly President & CEO of Commercial Aviation for Embraer, will succeed David Joyce.
- 3Slattery will join GE as President & CEO-elect of GE Aviation on July 13, 2020.
- 4Slattery will officially become President & CEO of GE Aviation on September 1, 2020.
- 5Joyce will transition to non-executive Chairman of GE Aviation until December 31, 2020.
- 6Joyce will also serve as an advisor to GE Research and GE Aviation through late 2020 and into 2021.