GE Announces Two New Members for Board of Directors
14 March 2023 - 11:00PM
Business Wire
- Darren W. McDew, retired General, U.S. Air Force, and former
Commander of the U.S. Transportation Command, and Jessica Uhl,
former Chief Financial Officer of Shell plc, will join the GE Board
of Directors
- Francisco D’Souza and Leslie Seidman will not stand for
reelection at GE’s 2023 Annual Meeting of Shareholders, following
10 and 5 years of service, respectively
GE (NYSE: GE) today announced that its Board of Directors has
named two new members: Darren McDew, retired General, U.S. Air
Force, and former Commander of the U.S. Transportation Command, and
Jessica Uhl, former Chief Financial Officer of Shell plc.
GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr.
said, “Darren and Jessica will be exceptional additions to GE’s
Board, bringing deep domain expertise to help our teams support our
customers—with GE Aerospace defining the future of flight and GE
Vernova electrifying and decarbonizing the world. The Board and I
look forward to bringing their valuable perspectives and
experiences into the mix as we progress toward launching GE
Aerospace and GE Vernova as independent, industry-leading
companies.”
Culp continued, “I also want to thank Frank and Leslie, who are
not standing for reelection, for their dedicated service during a
period of significant transformation for GE. Their counsel and
oversight as we strengthened our financial position, improved our
operating foundation, focused our portfolio, enhanced and
simplified our financial reporting, navigated global challenges,
and continued to invest in innovation have helped put the company
in the enviable position we’re in today—to drive value for the long
term.”
GE Lead Director Thomas Horton said, “Our new directors’ domain
expertise and customer perspectives are strongly aligned with the
aerospace and defense and energy industries. Their experiences are
well suited for GE’s needs today and into the future, and I’m
excited to welcome them both.”
The two new directors are:
Darren McDew (62), who is a retired four-star General of
the U.S. Air Force and former Commander of the U.S. Transportation
Command, served with distinction in the United States military for
36 years. McDew commanded at every echelon, was the former Military
Aide to the President, led the Air Force’s US Senate Office, was
Director of Air Force Public Affairs, and former Vice Director,
Strategic Plans and Policy for the Chairman of the Joint Chiefs of
Staff. McDew has over 25 years of experience in a strategic
decision-making executive leadership role in the field of defense
and national security, risk management, logistics and supply chain
and political military affairs. McDew serves on the Board of
Directors of Abbott Laboratories, Parsons Corporation and USAA. He
will join the GE Board effective March 30, 2023.
Jessica Uhl (55), who is the former CFO of Shell plc,
brings more than 20 years of experience in the energy industry from
wind and solar to liquefied natural gas and upstream. Uhl
previously held a variety of roles with Shell plc in finance and
business development across multiple business divisions, based in
the US, the UK and the Netherlands. Uhl currently works with
corporates, non-profits, and academia on the energy transition. Uhl
serves on the Board of Directors of Goldman Sachs. She will join
the GE Board effective upon her election at the 2023 Annual
Shareholders Meeting to be held on May 3, 2023.
The Board has appointed Gen. McDew to serve as a member of its
Governance & Public Affairs Committee and Ms. Uhl, upon her
election, to serve as a member of the Audit Committee. The Board
also appointed Isabella Goren to serve as Chair of the Audit
Committee following the 2023 Annual Meeting.
About GE:
GE (NYSE:GE) rises to the challenge of building a world that
works. For more than 130 years, GE has invented the future of
industry, and today the company’s dedicated team, leading
technology, and global reach and capabilities help the world work
more safely, efficiently, and reliably. GE’s people are diverse and
dedicated, operating with the highest level of integrity and focus
to fulfill GE’s mission and deliver for its customers.
www.ge.com
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GE Investor Contact: Steve Winoker, 617.443.3400
swinoker@ge.com
GE Media Contact: Mary Kate Mullaney, 202.304.6514
marykate.nevin@ge.com
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