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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

The Beatles

Maxwell's Silver Hammer (Remastered 2009)

⏲ 3 minutes 28 seconds 👁 5.8M

Shout! Studios

Sgt. Pepper's Lonely Hearts Club Band- Maxwell's Silver Hammer [Steve Martin] (HD)

⏲ 2 minutes 32 seconds 👁 160.1K

Here's your behind the scenes look at the Amazon Prime Video romantic comedy anti-musical movie Música, directed by Rudy Mancuso.<br/><br/>Música Cast:<br/><br/>Camila Mendes, Rudy Mancuso, Francesca Reale and J.B. Smoove<br/><br/>Stream Música now on Amazon Prime Video!

Creating Amazon's Anti-Musical Música with Camila Mendes

⏲ 4:2 👁 6M

Big Bang Bogan

The dark side of Edison | எடிசனின் மறுபக்கம் | Big Bang Bogan

⏲ 21 minutes 8 seconds 👁 227.9K

Q77TV

Ho Boi tai tieu bang Edison, NJ

⏲ 5 minutes 46 seconds 👁 9

Halle Bailey has been added to the cast of the untitled coming-of-age Universal musical that has been inspired by the childhood of music superstar Pharrell Williams.

Halle Bailey has been cast in the Universal musical inspired by Pharrell Williams

⏲ 1:1 👁 5.2M

Bo JAH

Tesla vs Edison in The Big Bang Theory

⏲ 36 seconds 👁 100.9K

Pagoda Vista

Maxwells Silver Hammer.wmv

⏲ 3 minutes 32 seconds 👁 245.5K

Sia and Labrinth have shared their new single, 'Incredible', from the former's new album.

Sia and Labrinth have shared their latest collaboration, ‘Incredible'

⏲ 1:17 👁 3.9M

TESLA

Tesla - Modern Day Cowboy

⏲ 5 minutes 24 seconds 👁 7.2M

CLOT

DESIGNER SPOTLIGHT: Edison Chen and Bang & Olufsen

⏲ 1 minute 👁 3.5K

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