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When Larry Culp stepped into the CEO role at General Electric in 2018, he was the first outsider to lead the iconic company. Founded by Thomas Edison in 1892, GE had morphed over more than a century into a sprawling conglomerate that was struggling under $135 billion in debt.<br/><br/>One of Culp’s predecessors had made a costly acquisition bet, investors had fled, and the company’s market cap had shrunk to $70 billion, down more than half a trillion dollars from August 2000, when it was the most valuable company in the world. Culp turned GE’s board down twice before accepting the CEO job, but ultimately extracted a multimillion-share incentive package linked to GE’s share price. At the time, CNBC’s Jim Cramer said it was “the best performance-oriented contract I’ve ever seen.”<br/><br/>Spoiler alert: It paid off.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/sarahwhitmire/2024/03/31/general-electric-ceo-larry-culp-to-join-small-club-of-billionaire-executives/?sh=7902b57d449b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

CEO Larry Culp's Overhaul Of GE Will Make Him A Billionaire

⏲ 5:18 👁 9.3M

Black Sheep House

UPDAT3 White Furniture

⏲ 13 minutes 31 seconds 👁 28.1K

Classic Ghost Stories Podcast - Tony Walker

Beyond The Door by J. Paul Suter

⏲ 53 minutes 52 seconds 👁 9.2K

The 97,728 acre South West Queensland property Raceview Station is arguably one of the most productive holdings in the Charleville district carrying 1800 cows plus progeny and in more recent times, 1400 goats and progeny.

Raceview, Charleville, Qld | April 3, 2024 | Famonline

⏲ 3:37 👁 6.7M

Peter Millard

Birch Ply Alternatives? [video 527]

⏲ 8 minutes 9 seconds 👁 51.3K

Black Sheep House

STREAK FREE BLACK no brushstrokes - Detailed in depth tutorial

⏲ 16 minutes 45 seconds 👁 63.3K

Aired (April 3, 2024): Denise (Sam Pinto) was hurt when she learned of her boyfriend's unexpected confession of love to Lyneth (Carmina Villarroel-Legaspi). What will happen now in their relationship? #GMANetwork #GMADrama #Kapuso<br/>

Abot Kamay Na Pangarap: Full Episode 488 (April 3, 2024)

⏲ 25:14 👁 6.3M

老韩家那老谁 Han's Car Reviews

周末玩具--2024 Honda Ridgeline TrailSport 老韩作品

⏲ 20 minutes 8 seconds 👁 2.2K

Classic Ghost Stories Podcast - Tony Walker

A Night on the Borders of the Black Forest by Amelia B Edwards #audiobook

⏲ 1 hour 8 minutes 59 seconds 👁 13.1K

Director Sam Taylor-Johnson has backed her husband Aaron Taylor-Johnson to be the next James Bond - declaring \

Sam Taylor-Johnson backs husband Aaron Taylor-Johnson as James Bond: 'He’d be great'

⏲ 1:25 👁 6.2M

Interesting u0026 Creative Designs

Smart Hidden Furniture and Space Saving Design Solutions for Small Apartments

⏲ 10 minutes 40 seconds 👁 1.5M

Sam's Appliances u0026 Furniture

Sam's Furniture & Appliances Fort Worth Area Furniture Stores

⏲ 31 seconds 👁 191

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