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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

ALLANDE

TANAÏS - Défilé AH 2018-2019 - Partie 4

⏲ 3 minutes 37 seconds 👁 2.9K

ALLANDE

TANAÏS - Défilé AH 2018-2019 - Partie 7

⏲ 2 minutes 41 seconds 👁 2.5K

To Be Continued EP 8 ENG SUB

To Be Continued EP 8 ENG SUB

⏲ 53:25 👁 22.3M

Jenn Im

August Favorites 2018

⏲ 5 minutes 43 seconds 👁 104.5K

Jenn Im

May Favorites 2018

⏲ 8 minutes 29 seconds 👁 118.1K

Marianna began her journey in 2018 after leaving secondary school. She then obtained her level 2 Diploma in Beauty Specialist Techniques. She has owned her beauty salon MK BEAUTÉ since November 2022 and she said “I couldn’t be more proud to be up for all these awards after only 1 year and 5 months. <br/><br/><br/>I began my beauty journey in 2018 when I left secondary school. I attended Farnborough College of Technology where I obtained my Level 2 Diploma in Beauty Specialist Techniques which I then furthered my education by taking an eyelash extension course. Now I have had my beauty salon since November 2022 and couldn’t be more proud to be up for all these awards after being only 1 year and 5 months into my career.<br/>Beauty salon owner statement from Instagram and Facebook social media : <br/>“Wow! I’m so overwhelmed to share that out of thousands of entries, I am one of five other people in the UK who have been shortlisted as a finalist for The National Beauty Awards. I have been shortlisted as a finalist for Best Lash Artist and Best Lash Salon. I’m absolutely over the moon for my little business to be recognised by this prestigious awards ceremony.”

MK BEAUTÉ awarded 10 certificates by National Beauty Awards

⏲ 0:16 👁 615K

Ingrid Nilsen

All the Products I Used in 2018 | Ingrid Nilsen

⏲ 17 minutes 39 seconds 👁 56.7K

Latasha James

UPDAT3?! ANCESTRY DNA RESULTS 2018

⏲ 9 minutes 55 seconds 👁 3.3K

Justin and Hailey Bieber have been married since 2018

Justin and Hailey Bieber's Relationship Timeline

⏲ 0:46 👁 7.2M

Jenn Im

April Favorites 2015

⏲ 7 minutes 46 seconds 👁 185.1K

FF Channel

Chanel | Pre-Fall 2018 2019 Full Fashion Show | Exclusive

⏲ 14 minutes 53 seconds 👁 218K

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