The GE Revival: A Study in Contrasts Larry Culp's transformation of General Electric into a $689 billion behemoth is a tale of redemption that raises questions about the nature of leadership and the value of human ingenuity.
His ascent to the top at GE was not without its detractors, as the company's market cap had dwindled to $96 billion in 2018, down by a staggering 80% from its peak in September 2000.
Many thought it was only a matter of time before GE filed for bankruptcy. However, Culp had other plans.