GE Aerospace extends CEO Larry Culp's contract

GE Aerospace keeping Larry Culpa, CEO through at least 2027. Cope could helm the company through 2028 if he and the board agree. This move, by the way, also removes him as a potential candidate to take over at Boeing. His name has been mentioned frequently. People thought he would be great at this. But Larry Culp is somebody who has spent years kind of designing what he thought was the best setup for GE Keeping GE Aerospace, which is I think, a company he has a great amount of faith in. If you check out shares of GE Aerospace, they are up more than 80% just in the last year, and I think he's pretty proud of that, too.