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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

Larry Stovesand Equipment Nashville

LSE NASHVILLE PICK 3 KIOTI CK3520.

⏲ 2 minutes 54 seconds 👁 1.8K

Larry's STaB on Zoom

240320 Wenzdee March 20, 2024

⏲ 1 hour 4 minutes 17 seconds 👁 5

The latest episode of PBS series 'Finding Your Roots' saw Michael Douglas shocked after discovering he is related to Scarlett Johansson, and actress Lena Dunham was also stunned to find out she is related to Larry David.

'Are you kidding?!' Michael Douglas discovers he's related to fellow A-List actor

⏲ 0:57 👁 26.5M

Davy Wybiral

Arduino-friendly 240x320 LCD Display Tutorial (ILI9341)

⏲ 21 minutes 5 seconds 👁 39.3K

Big Think

Larry Wall: 5 Programming Languages Everyone Should Know | Big Think

⏲ 6 minutes 13 seconds 👁 829.3K

'Curb Your Enthusiasm' has captured the attention of Georgia's Secretary of State. The season premiere of the final season of the HBO comedy featured Larry David being arrested for violating Georgia's election integrity law for giving his friend Leon Black's aunt a bottle of water while she waited in line to vote on a hot day in Atlanta. He's now facing a looming trial on the series. The storyline must have made its way to the state capitol, because last month Georgia's Secretary of State, Brad Raffensperger, sent a letter to David addressing the plotline about the 2021 voting law.

'Curb Your Enthusiasm' Plot Gets Attention From Georgia Secretary of State, Sends Letter to Larry David | THR News Video

⏲ 1:52 👁 30.2M

Packman

HUNTING JORDAN & LEBRON ROOKIES! 🔥 OPENING 1986 FLEER & 2003-04 TOPPS CHROME BASKETBALL!

⏲ 11 minutes 33 seconds 👁 38.6K

Peter Valdovinos

Three Years Of The Rhino, A 2003 Stepside Toyota Tacoma | @PeterValdo1

⏲ 3 minutes 6 seconds 👁 4.8K

It takes a good actor to act like they're not acting.

10 Actors That Were So Bad They Had To Quit TV Shows

⏲ 8:10 👁 12.1M

Larry Chen

Savagely Fast 100% Electric Porsche 911 Conversion: Bisimoto E935

⏲ 33 minutes 48 seconds 👁 435.8K

Hoonigan

Street Legal 'Ring Stormer: Sub-7 Minute Nurburgring E92 BMW!

⏲ 14 minutes 29 seconds 👁 197.7K

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