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_ceo-larry-culp39s-overhaul-of-ge-will-make-him-a-billionaire.jpg "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.")
⏲ 5:18 👁 9.3M
_gene-simmons-considers-kiss-catalog-sale-a-39natural-thing39-39out-of-respect-and-love-for-the-fans39-exclusive.jpg "\")
⏲ 0:45 👁 37.6M
_why-everybody39s-wrong-about-arsenal.jpg "Arsenal's still in the hunt for the Premier League title, but everybody beats The Blades this season. Likewise, dominant performances against West Ham, Newcastle, and Liverpool were more a result of their opponents just not being at their best. Or so people say.<br/><br/>Adam Clery takes a look at Arsenal's latest run and thinks it's time to start giving Mikel Arteta and his side the respect they deserve.")
⏲ 10:38 👁 10.9M
_le-backstage-charlotte-gainsbourg.jpg "Le backstage Charlotte Gainsbourg from brazil xingu peoples")
⏲ 0:46 👁 42.4M
_bbc-and-ardman-things-we-love-shorts-handbag-dog.jpg "A dog in a handbag, from Sheffield, talking about how much she loves Match of the Day on BBC.<br/><br/>Each film represents a different part of the UK and demonstrates the value of the BBC to real audiences.<br/><br/>The BBC stated: \")
⏲ 0:30 👁 14.5M
_11000-people-evacuated-due-to-imminent-risk-of-flooding-in-russia.jpg "Some 11,000 people have had to be evacuated after a dam broke in the city of Orsk, Russia which has a population of 190,000, on the border with Kazakhstan.")
⏲ 0:35 👁 35.2M
_top-20-hottest-supermodels-of-all-time.jpg "When people hear the word \")
⏲ 19:41 👁 5.8M
_ls-polls-2024-mehbooba-mufti-to-contest-from-anantnag124-face-off-against-ghulam-nabi-azad124-oneindia.jpg "Peoples Democratic Party (PDP) chief Mehbooba Mufti is gearing up for a significant electoral showdown in the upcoming Lok Sabha elections. The announcement came on Sunday that she will be contesting from the Anantnag-Rajouri constituency, marking the beginning of what promises to be a highly charged electoral battle. <br/> <br/>#LSPolls2024 #MehboobaMufti #AnantnagElections #GhulamNabiAzad #PoliticalFaceoff #ElectionBattle #PDPvsDPAP #AnantnagConstituency #PoliticalShowdown #ElectoralContest<br/>~HT.97~PR.152~ED.194~")
⏲ 2:16 👁 5.1M
_marc-summers-walked-off-quiet-on-set-interview-after-claiming-producers-pulled-39a-bait-and-switch39-on-him.jpg "A fifth episode of the docuseries will premiere on Sunday, April 7")
⏲ 1:23 👁 10.8M
_christine-quinn39s-husband-has-been-ordered-to-move-out-of-their-home.jpg "Christine Quinn's husband has been ordered to move out of their home until a hearing on April 17.")
⏲ 1:20 👁 4.8M
_anger-over-natwest-bank-closures-across-kent.jpg "NatWest branches in Ramsgate, Paddock Wood and Rainham will be closed later this year. The bank states only few people are using the branches on a regular basis - something locals are disputing.")
⏲ 2:35 👁 6.2M
_30-years-on-australian-rwandans-in-canberra-39walk-to-remember39-the-genocide.jpg "Members of the Australian Rwandan community gathered at Parliament house in Canberra to mark the 30 year anniversary since the 1994 Rwanda ceremony that saw one million people killed.")
⏲ 1:19 👁 10.9M
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_ceo-larry-culp39s-overhaul-of-ge-will-make-him-a-billionaire.webp "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.")
_gene-simmons-considers-kiss-catalog-sale-a-39natural-thing39-39out-of-respect-and-love-for-the-fans39-exclusive.webp "\")
_why-everybody39s-wrong-about-arsenal.webp "Arsenal's still in the hunt for the Premier League title, but everybody beats The Blades this season. Likewise, dominant performances against West Ham, Newcastle, and Liverpool were more a result of their opponents just not being at their best. Or so people say.<br/><br/>Adam Clery takes a look at Arsenal's latest run and thinks it's time to start giving Mikel Arteta and his side the respect they deserve.")
_le-backstage-charlotte-gainsbourg.webp "Le backstage Charlotte Gainsbourg from brazil xingu peoples")
_bbc-and-ardman-things-we-love-shorts-handbag-dog.webp "A dog in a handbag, from Sheffield, talking about how much she loves Match of the Day on BBC.<br/><br/>Each film represents a different part of the UK and demonstrates the value of the BBC to real audiences.<br/><br/>The BBC stated: \")
_11000-people-evacuated-due-to-imminent-risk-of-flooding-in-russia.webp "Some 11,000 people have had to be evacuated after a dam broke in the city of Orsk, Russia which has a population of 190,000, on the border with Kazakhstan.")
_top-20-hottest-supermodels-of-all-time.webp "When people hear the word \")
_ls-polls-2024-mehbooba-mufti-to-contest-from-anantnag124-face-off-against-ghulam-nabi-azad124-oneindia.webp "Peoples Democratic Party (PDP) chief Mehbooba Mufti is gearing up for a significant electoral showdown in the upcoming Lok Sabha elections. The announcement came on Sunday that she will be contesting from the Anantnag-Rajouri constituency, marking the beginning of what promises to be a highly charged electoral battle. <br/> <br/>#LSPolls2024 #MehboobaMufti #AnantnagElections #GhulamNabiAzad #PoliticalFaceoff #ElectionBattle #PDPvsDPAP #AnantnagConstituency #PoliticalShowdown #ElectoralContest<br/>~HT.97~PR.152~ED.194~")
_marc-summers-walked-off-quiet-on-set-interview-after-claiming-producers-pulled-39a-bait-and-switch39-on-him.webp "A fifth episode of the docuseries will premiere on Sunday, April 7")
_christine-quinn39s-husband-has-been-ordered-to-move-out-of-their-home.webp "Christine Quinn's husband has been ordered to move out of their home until a hearing on April 17.")
_anger-over-natwest-bank-closures-across-kent.webp "NatWest branches in Ramsgate, Paddock Wood and Rainham will be closed later this year. The bank states only few people are using the branches on a regular basis - something locals are disputing.")
_30-years-on-australian-rwandans-in-canberra-39walk-to-remember39-the-genocide.webp "Members of the Australian Rwandan community gathered at Parliament house in Canberra to mark the 30 year anniversary since the 1994 Rwanda ceremony that saw one million people killed.")
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