General Electric

Micron Appoints Robert Swan to its Board of Directors

Retrieved on: 
Monday, March 11, 2024

BOISE, Idaho, March 11, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Robert (Bob) Swan to its board of directors.

Key Points: 
  • BOISE, Idaho, March 11, 2024 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), an industry leader in innovative memory and storage solutions, today announced the appointment of Robert (Bob) Swan to its board of directors.
  • Prior to joining Intel, as CFO of eBay, Swan played a significant role in driving the company’s global expansion strategy.
  • “We are thrilled to welcome Bob to our board and look forward to his contributions to our strategic direction and long-term success.”
    In addition to his new position at Micron, Swan is on the boards of several organizations, including the board of directors for Nike, Inc., Flexport and the board of commissioners of GoTo Group.
  • He previously served on the board of directors for eBay, Applied Materials, Intel and Skype.

GE Aerospace Hosts 2024 Investor Day

Retrieved on: 
Thursday, March 7, 2024

GE Aerospace will broadcast the event live via webcast today starting at 8:00am EST.

Key Points: 
  • GE Aerospace will broadcast the event live via webcast today starting at 8:00am EST.
  • GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr., will be joined by the following leaders: Russell Stokes, President and CEO, Commercial Engines and Services; Farah Borges, Vice President, Assembly, Test, Maintenance, Repair and Overhaul; Mohamed Ali, Vice President, Engineering; Amy Gowder, President & CEO, Defense and Systems; Riccardo Procacci, President and CEO, Propulsion and Additive Technologies; Rahul Ghai, SVP & CFO, GE and CFO, GE Aerospace; and Steve Winoker, VP & Chief Investor Relations Officer.
  • GE’s Investor Relations website at www.ge.com/investor as well as GE’s LinkedIn and other social media accounts, contain a significant amount of information about GE, including financial and other information for investors.
  • GE encourages investors to visit these websites from time to time, as information is updated and new information is posted.

GE Vernova Hosts 2024 Investor Day

Retrieved on: 
Wednesday, March 6, 2024

GE Vernova will broadcast the event live via webcast today starting at 8:00am EST and it is expected to last approximately four hours.

Key Points: 
  • GE Vernova will broadcast the event live via webcast today starting at 8:00am EST and it is expected to last approximately four hours.
  • The webcast and accompanying slide presentation can be accessed by visiting GE Vernova’s Investor Relations website here .
  • GE Vernova is expected to spin off from GE on April 2, 2024, and list on the New York Stock Exchange under the ticker symbol “GEV.” On February 29, 2024, to effect the separation, GE’s Board of Directors approved a distribution to GE shareholders of all shares of GE Vernova’s common stock.
  • GE Vernova encourages investors to visit these websites from time to time, as information is updated, and new information is posted.

Transact Announces Alex Bradley as New Chief Financial Officer

Retrieved on: 
Thursday, February 29, 2024

Transact Campus, Inc. , “Transact,” the award-winning leader in innovative campus technology and payment solutions, today announced the hiring of Alex Bradley as new Chief Financial Officer (CFO) for the company.

Key Points: 
  • Transact Campus, Inc. , “Transact,” the award-winning leader in innovative campus technology and payment solutions, today announced the hiring of Alex Bradley as new Chief Financial Officer (CFO) for the company.
  • With over 20 years of experience in finance, Bradley brings a wealth of knowledge and expertise to his new role.
  • "We are thrilled to welcome Alex to our team, as a highly effective leader and trusted partner," said Nancy Langer, CEO, Transact.
  • "I am excited to embark on this journey with Transact and look forward to contributing to its continued success," said Alex Bradley, CFO, Transact.

GE Board of Directors Approves Spin-Off of GE Vernova; GE Vernova and GE Aerospace to Launch April 2, 2024

Retrieved on: 
Thursday, February 29, 2024

GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr. said, “Today’s announcement clears the way for the historic launches of GE Vernova and GE Aerospace, completing our transformation into three independent, investment-grade industry leaders.

Key Points: 
  • GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr. said, “Today’s announcement clears the way for the historic launches of GE Vernova and GE Aerospace, completing our transformation into three independent, investment-grade industry leaders.
  • Holders of GE common stock will be entitled to receive one share of GE Vernova common stock for every four shares of GE common stock held on March 19, 2024, the record date for the distribution.
  • GE shareholders do not need to take any action to receive shares of GE Vernova common stock to which they are entitled as a GE shareholder.
  • As previously announced, GE Vernova and GE Aerospace will host investor days on Wednesday, March 6 and Thursday, March 7, 2024 respectively, in New York, NY.

GE Vernova Launches New Portfolio of Grid Automation Solutions to Enhance Grid Resilience

Retrieved on: 
Wednesday, February 28, 2024

GE Vernova’s Grid Solutions business (NYSE:GE), today announced the launch of GridBeats, a comprehensive portfolio of software-defined automation solutions aimed at streamlining grid digitalization and enhancing grid resilience.

Key Points: 
  • GE Vernova’s Grid Solutions business (NYSE:GE), today announced the launch of GridBeats, a comprehensive portfolio of software-defined automation solutions aimed at streamlining grid digitalization and enhancing grid resilience.
  • The GridBeats portfolio provides innovative digital solutions for the power grid to tackle these challenges.
  • GridBeats enhances grid resilience and reliability with faster controls, artificial intelligence/machine learning (AI/ML)-based automation, and improved cybersecurity.
  • “In response, GE Vernova has rolled out GridBeats, a suite of Grid Automation software solutions designed to assist utilities in adapting to these changes while ensuring their grid operates smoothly."

Oceaneering Appoints New Member to Its Board of Directors

Retrieved on: 
Tuesday, February 27, 2024

Oceaneering International, Inc. (NYSE: OII) today announced that Ms. Reema Poddar has been elected to its Board of Directors as an independent, non-executive director in Class I, effective as of February 22, 2024.

Key Points: 
  • Oceaneering International, Inc. (NYSE: OII) today announced that Ms. Reema Poddar has been elected to its Board of Directors as an independent, non-executive director in Class I, effective as of February 22, 2024.
  • Ms. Poddar has also been appointed to the Nominating, Corporate Governance and Sustainability Committee of the Board.
  • Previously, Ms. Poddar served on the corporate council board of advisors to the Dean of UC San Diego Jacobs School of Engineering.
  • Kevin McEvoy, Oceaneering’s Chairman of the Board, stated, "We are pleased to welcome Ms. Poddar to Oceaneering’s Board.

GE Vernova and Dragos Team Up to Protect Electric Grids from Cyber Threats

Retrieved on: 
Monday, February 26, 2024

This initiative is set to enhance the defense mechanisms of the electric grid by providing comprehensive OT cybersecurity solutions developed from both companies' extensive experience in the field.

Key Points: 
  • This initiative is set to enhance the defense mechanisms of the electric grid by providing comprehensive OT cybersecurity solutions developed from both companies' extensive experience in the field.
  • Proactive Threat Detection: Dragos' OT threat intelligence, combined with its real-time monitoring system, will provide cutting-edge threat detection and monitoring capabilities.
  • Global Threat Intelligence: Leveraging Dragos Threat Intelligence, backed by the industry’s largest team of OT cybersecurity experts, GE Vernova will be able to offer its customers visibility into adversary threats, malware, and vulnerabilities impacting industrial sectors.
  • “We’re dedicated to providing cybersecurity products, solutions, and services that help our customers protect their digital substations and other OT environments from cyber threats,” said Claudia Cosoreanu, Grid Automation Chief Technology Officer at GE Vernova’s Grid Solutions Business.

Global Home Energy Management System Market Outlook Report 2023-2029 - Growth in Demand for Smart Energy Monitoring in Sustainable Buildings - ResearchAndMarkets.com

Retrieved on: 
Friday, February 23, 2024

The key players in the global home energy management system market are Honeywell International, General Electric, Robert Bosch, Panasonic, and Comcast (Xfinity).

Key Points: 
  • The key players in the global home energy management system market are Honeywell International, General Electric, Robert Bosch, Panasonic, and Comcast (Xfinity).
  • Hardware includes all the physical components in the home energy management system, including energy meters, smart thermostats, and others.
  • The global home energy management system market by hardware is segmented into smart meters, smart thermostats, lighting controls, and plugs.
  • The new construction application segment is expected to be the largest revenue segment of the global home energy management system market.

Itron and GE Vernova Pioneer Unification of Grid Edge and Grid Operations Data, Giving Utilities Real-Time Insights Needed to Enable a More Reliable, Resilient Grid

Retrieved on: 
Thursday, February 22, 2024

Bringing together grid edge data with operations data will close gaps in visibility that previously prevented utilities from identifying and resolving grid issues quickly and efficiently.

Key Points: 
  • Bringing together grid edge data with operations data will close gaps in visibility that previously prevented utilities from identifying and resolving grid issues quickly and efficiently.
  • Itron and GE Vernova software solutions are expected to activate vast numbers of aggregated DERs to help ensure grid reliability.
  • These solutions ultimately improve a utility's ability to leverage DERs to mitigate grid constraints, minimize congestion and help accelerate grid modernization and a clean energy transition.
  • The demonstrations will be available in Itron’s booth #2200 and GE Vernova’s booth #2127.