General Electric CEO Larry Culp expands role to head aviation unit

• Leadership shuffle comes ahead of planned listing of GE Aviation as independent company

General Electric Co (NYSE: GE) on Monday said Chief Executive Larry Culp would expand his role and head the aviation business unit, replacing John Slattery, who will become the chief commercial officer.

In this additional role, Culp will have to navigate GE Aviation, which supplies aircraft engines to Boeing Co (NYSE: BA), through supply chain disruptions and inflationary pressures at a time when planemakers are ramping up production to meet travel demand.

Since becoming CEO in 2018, Culp has worked to trim General Electric’s debt pile, cut costs and simplify its operations. The company last year announced it would break up into three companies focused on aviation, healthcare and energy.