General Electric Appoints New Europe CEO
January 17 2018 - 5:58AM
Dow Jones News
By Nathan Allen
General Electric Co. (GE) has appointed Peter Stracar as
president & chief executive of the European region, effective
Jan. 1, the company said Wednesday.
Mr. Stracar was previously CEO of GE Central and Eastern Europe
from 2013, following an 18-year career with Liechtenstein-based
tool maker Hilti. He succeeds Mark Hutchinson, who retired on Jan.
1, GE said.
Europe is GE's largest market outside the U.S., with 92,000
employees spread over 900 locations and revenue of more than $20
billion in 2016, the company said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
January 17, 2018 05:43 ET (10:43 GMT)
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