General Electric revealed on Monday (18) the names of the three companies that will operate on their own after the historic division of the former conglomerate, including a mashup of words that will make up the name of the new energy company.
The name of the aviation business that will essentially be GE’s remaining core, led by CEO Larry Culp, will be called GE Aerospace.
The energy wing, including GE Renewable Energy, GE Power, GE Digital and GE Energy Financial Services, will be called GE Vernova.
The healthcare business will be named GE Healthcare.
The split is the result of years of separation from the massive American conglomerate, which signaled a shift from a corporate structure that had dominated US business for decades.
The company has already gotten rid of the products most Americans know it for, including its home appliances and, in 2020, the light bulbs that GE has been making since the late 19th century, when the company was founded.
Source: CNN Brasil
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