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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

WCPO 9

Larry Mahoney will face death penalty in Carrollton school crash bus, prosecutor says

⏲ 1 minute 46 seconds 👁 22.5K

MyBeforeNAfters

Interview with Larry Mahoney, Asia Direct Resource for Inventors Network

⏲ 21 minutes 23 seconds 👁 89

“It feels like Brazil—I love how warm people are,” the supermodel says of Miami.<br/><br/>Director: Nina Ljeti<br/>Director of Photography: Mike Lopez<br/>Editor: Katie Wolford<br/>Producer: Gabrielle Reich<br/>Assistant Camera: Jack Kelly<br/>Gaffer: Vladimir Sosa<br/>Audio: Larry Williams Jr.<br/>Associate Producer: Lea Donenberg<br/>Production Assistant: Elio Diaz<br/>Hair Stylist: Leah Caso<br/>Makeup Artist: Tayrll Atkins<br/>Nail Artist: Aspasia Pappa<br/>Production Coordinator: Ava Kashar<br/>Production Manager: Natasha Soto-Albors<br/>Line Producer: Romeeka Powell<br/>Senior Director, Production Management: Jessica Schier<br/>Assistant Editor: Andy Morrell<br/>Post Production Coordinator: Ian Bryant<br/>Supervising Editor: Erica DeLeo<br/>Post Production Supervisor: Alexa Deutsch<br/>Associate Talent Manager: Phoebe Feinberg<br/>Director of Content, Production: Rahel Gebreyes<br/>Senior Director, Programming: Linda Gittleson<br/>VP, Digital Video English: Thespena Guatieri

Go Inside Gisele Bündchen’s New Miami Home—And See Her Most Prized Possessions

⏲ 8:12 👁 7.7M

WCPO 9

Carrollton bus crash: Where are survivors now?

⏲ 2 minutes 41 seconds 👁 9.8K

Ron Pratt

Car Fire on the Interstate with Secondary Crash The Importance of Quick Clearance

⏲ 14 minutes 28 seconds 👁 229.9K

'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 👁 3.9M

City of Helotes, Texas

Faces of Drunk Driving

⏲ 28 minutes 20 seconds 👁 128.3K

Ron Pratt

TWO CAR WRECK ON MAIN STREET

⏲ 24 minutes 49 seconds 👁 212.1K

Larry David wasn't afraid to clap back when Chris Wallace asked the 'Curb Your Enthusiasm' star about his net worth during an interview for the Max series 'Who's Talking to Chris Wallace?' Plus, David also had some choice words to share about former President Donald Trump and his continued false claims that the 2020 election was stolen.

Larry David Claps Back Over Net Worth Question, Calls Trump \

⏲ 1:51 👁 2.3M

Lawu0026Crime Network

'I F**king Killed Somebody!': DUI Suspect Loses it After Finding Out He Likely Killed Someone

⏲ 9 minutes 31 seconds 👁 363K

Cars Of Magic City

TRACK DAY TRAGEDY | MUSTANG WRECKS AT TRACK MAN ARRESTED

⏲ 16 minutes 30 seconds 👁 336

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