General Electric Co. (GE) has announced that Russell Stokes, current president and chief financial officer (CEO) of GE Energy Connections, has been appointed president and CEO of GE Power. He succeeds Steve Bolze, the former president and CEO of GE Power, who has announced his decision to retire.
In his new role, Stokes will lead the integration of the legacy GE Power and Energy Connections businesses into one, power-focused unit called GE Power.
Stokes is a 20-year GE veteran. Prior to this role, Stokes was president and CEO of GE Transportation, and has also held senior roles in GE Lighting and GE Aviation.