General Electric extends CEO Culp’s employment agreement

The company’s board also approved a one-time equity performance grant to Culp, it said in a filing dated August 18. (
Culp, who was hired in 2018 to replace CEO John Flannery, has since focused on improving General Electric’s free cash flow and cutting debt. (
(Reporting by Arunima Kumar in Bengaluru; Editing by Devika Syamnath)
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