Management ChangeMar 29, 2026, 10:45 PM
GE Aerospace Announces Mohamed Ali as President and CEO of Commercial Engines and Services; Russell Stokes to Retire
AI Summary
General Electric's GE Aerospace announced that Mohamed Ali will become President and CEO of Commercial Engines and Services (CES), effective February 1, 2026. Current President and CEO Russell Stokes will transition to an advisory role before retiring on July 31, 2026, with specific compensation arrangements related to his departure.
Key Highlights
- Mohamed Ali, previously Chief Technology and Operations Officer, will lead the expanded CES team.
- Russell Stokes will retire on July 31, 2026, after serving in an advisory role.
- Stokes's departure agreement includes prorated bonus, accelerated vesting of some equity grants, and eligibility for pension benefits.
Price Impact
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