GE Announces New CTO and New President & CEO of Europe

GE Announces New CTO and New President & CEO of Europe

NISKAYUNA, N.Y. — GE’s Chief Technology Officer, Mark Little, will retire at the end of the year after 37 years of dedicated service and leadership to GE. Mark was named Chief Technology Officer in 2005 and has led Global Research through a decade of global expansion and the launch of signature initiatives such as the Industrial Internet and Brilliant Factory.

Little said, “I’ve had an immensely fulfilling career with GE, particularly the last 10 as GE’s Chief Technology Officer. It has been an honor and a privilege to lead Global Research and what I truly believe is the world’s best team of scientists and engineers.”

Succeeding Mark as head of Global Research will be Vic Abate, who is currently President and CEO of GE’s Power Generation business in Schenectady. Abate is a 25-year GE veteran.

Little added, “I am thrilled to see my close colleague and friend, Vic Abate, take the helm as GE’s next Chief Technology Officer and the leader of GE Global Research. At GE Power & Water, Vic built a multi-billion dollar wind business from the ground up and more recently has transformed our thermal business with some of the strongest growth numbers that the business has seen in years. As GE continues its transformation to a Digital Industrial company, I am excited to see the next generation of breakthroughs developed under Vic’s leadership to make the world work better.”

Abate said, “It’s an incredible honor to succeed Mark Little who has built a research powerhouse for the 21st century world. As GE transforms itself to become the world’s premier Digital Industrial company, the global exchange of knowledge and technology will provide the core building blocks to make all of GE’s business greater together and provide better outcomes. I am excited about the opportunity to work with this tremendously talented team and to see what we can innovate and create next.”

Joe Mastrangelo will succeed Vic Abate as the new President & CEO of Power Generation at GE Power & Water. Mastrangelo is a 22-year GE veteran who has built broad global operating experience across the energy industry, most recently leading GE’s Power Conversion and Turbomachinery businesses.

Mark Little Vic Abate Joe Mastrangelo Mark Hutchinson

BRUSSELS, Belgium — GE announced the appointment of Mark Hutchinson as President & CEO of GE’s European region. He succeeds Stephan Reimelt, who has been appointed President & CEO, GE Power Conversion effective 19th October. Mark will report to John Rice, GE’s Vice Chairman and President & CEO of GE’s Global Growth Organization. In addition, Mark will retain his current position of Integration Leader for the Alstom transaction, GE’s largest-ever industrial acquisition. In this capacity, he will continue to report to GE CEO & Chairman Jeff Immelt.

Prior to his current role, Mark was President & CEO, GE Greater China, responsible for GE’s growth strategy and leading a team of 18,000 people across manufacturing, sourcing, sales and other functions. During his tenure in China, Mark developed and executed a shared growth strategy for all the GE businesses helping to drive double-digit growth year on year under his leadership. He is an officer and Vice President of GE and a member of the company’s Corporate Executive Council. A native of the U.K., he previously was head of Barclay’s Merchant Bank Asian project advisory team, based in Hong Kong.

Commenting, John Rice said: “This is an exciting time for GE and for GE in Europe as we transform the company into a leading digital industrial company. Mark is playing a key role in the GE Alstom transaction and we are pleased that he will continue to lead the integration process for GE.

We are fortunate to have someone of Mark’s calibre take the leadership of GE in Europe. He has made a career of building business teams and orchestrating development projects around the world.  Mark combines a broad background as a global business leader with deep local knowledge earned on the ground in key markets where he has served.”



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