General Electric
American multinational conglomerate
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| April 2 2024 | GE spun off its energy businesses as GE Vernova, transforming GE into an aviation-focused company with GE Aerospace as its legal successor. |
| 2023 | USAF chose an improved F135 Engine Core Upgrade (ECU) over the XA100 adaptive cycle engine, citing cost and integration risks. |
| December 2023 | Critical design review of the General Electric XA102 engine was completed. |
| January 4 2023 | GE HealthCare was spun off as the first of the three companies, with GE retaining 10.24% of shares. |
| 2022 | The company's ranking further declined to 48th, indicating significant challenges in maintaining its previous market position. |
| 2022 | GE maintains minimal net loss of $64 million, with slight workforce increase to 172,000 employees and stock price at $52.55. |
| December 2022 | Total CO2e emissions stabilize at 1,060 kilotonnes, maintaining the substantial reduction achieved in previous years. |
| July 18 2022 | GE unveiled the brand names and focus areas of the three companies: aerospace, healthcare, and energy. |
| March 3 2022 | GE published an international memo pledging $4.5 million in humanitarian aid to Ukraine during the Russian invasion. The donation included $4 million for medical equipment, $400,000 in emergency cash for refugees, and $100,000 to Airlink, an NGO supporting communities in crisis. |
| 2021 | General Electric continued to experience a downward trend, falling to 38th in the annual ranking. |
| 2021 | The company returns to a net loss of $6,757 million, with continued workforce reduction to 168,000 employees and stock price increasing to $58.91. |
| December 2021 | GE's Total CO2e emissions dramatically drop to 1,080 kilotonnes, showing continued significant progress in reducing carbon footprint. |
| November 2021 | CEO Larry Culp announced plans to break up General Electric into three separate public companies by 2024. |
| November 9 2021 | The company announced its plan to divide itself into three public companies: GE Aerospace, GE HealthCare, and GE Vernova. |
| August 2 2021 | GE begins trading on a split-adjusted basis with a new ISIN number (US3696043013). |
| July 30 2021 | General Electric announces a reverse stock split of its common stock at a 1-for-8 ratio. |
| May 2021 | Concluded initial testing of the XA100 at GE's high-altitude test facility in Evendale, Ohio. |
| 2020 | GE completed remediation and restoration of its 10 manufacturing plant areas within the city of Pittsfield. |
| 2020 | The company's ranking further dropped to 33rd, potentially reflecting challenges during the global COVID-19 pandemic. |
| 2020 | GE shows financial improvement with a net income of $5,230 million during the COVID-19 pandemic, with further workforce reduction to 174,000 employees. |
| 2020 | COVID-19 pandemic restrictions on air travel caused a significant revenue decline for GE. The company ranked 33rd in the Fortune 500. |
| December 31 2020 | Total CO2e emissions further reduced to 1,900 kilotonnes, representing a 13% year-on-year decrease and demonstrating a consistent declining trend in emissions since 2016. |
| November 2020 | General Electric warned it would be cutting jobs while waiting for economic recovery due to the COVID-19 pandemic. |
| October 6 2020 | General Electric received a Wells notice from the Securities and Exchange Commission indicating potential civil action for possible securities law violations. |
| July 1 2020 | GE Lighting was acquired by Savant Systems, maintaining its headquarters at Nela Park in East Cleveland, Ohio. |
| June 2020 | GE made an agreement to sell its Lighting business to Savant Systems, Inc. |
| March 30 2020 | General Electric factory workers protested to convert jet engine factories to produce ventilators during the COVID-19 crisis. |
| 2019 | General Electric's ranking declined to 21st, suggesting a slight downturn in business performance. |
| 2019 | Continued financial struggles with a net loss of $5,439 million, but significant stock price recovery to $56.57, and workforce reduction to 205,000 employees. |
| December 2019 | Further reduction in Total CO2e emissions to 2,390 kilotonnes, continuing the company's environmental improvement efforts. |
| August 15 2019 | Financial fraud investigator Harry Markopolos accused General Electric of being a 'bigger fraud than Enron', alleging $38 billion in accounting fraud. |
| April 2019 | GE sold Current, powered by GE (dealing in commercial LED, solar, EV, and energy storage) to American Industrial Partners. |
| February 2019 | GE completed the detailed design of the XA100 adaptive cycle engine. |
| February 25 2019 | GE sold its diesel locomotive business to Wabtec. |
| 2018 | General Electric ranked 18th in a notable annual ranking, indicating a relatively strong business performance. |
| 2018 | GE further reduced its quarterly dividend from 12 cents to just 1 cent per share, signaling significant financial challenges for the company. |
| 2018 | GE experiences a substantial net loss of $22,802 million, with employee count declining to 283,000 and share price dropping to $12.71. |
| 2018 | General Electric changed the pension plan discount rate from 3.64% to 4.34%, reducing reported pension liability by $7 billion. |
| 2018 | GE Pension Plan reported losses of US$3.3 billion on plan assets. |
| 2018 | GE reduced its interest in Baker Hughes to 50.4%, resulting in a $2.1 billion loss. |
| 2018 | A GE model 7HA gas turbine in Texas was shut down for two months due to a turbine blade break, prompting GE to develop new protective coatings and heat treatment methods. |
| 2018 | Additional contract awards from Air Force Life Cycle Management Center increased focus on F-35 re-engining, with GE's design becoming 'F-35 design-centric'. |
| December 2018 | Significant reduction in Total CO2e emissions to 2,800 kilotonnes, marking a substantial decline in the company's carbon output. |
| October 2018 | General Electric announced it would freeze pensions for about 20,000 salaried U.S. employees, moving them to a defined contribution retirement plan in 2021. |
| June 2018 | GE Volunteers, in collaboration with the Malaysian Nature Society, transplant over 270 plants from the Taman Tugu forest reserve to support forest trail construction. |
| June 28 2018 | GE was removed from the Dow Jones Industrial Average after its value dropped below 1% of the index's weight. |
| June 26 2018 | GE stock is removed from the Dow Jones Industrial Average and replaced with Walgreens Boots Alliance after significant stock performance decline. |
| 2017 | General Electric ended its 119-year streak of continuous dividend payments by reducing its dividend by 50%, from 24 cents to 12 cents per share. |
| 2017 | The company returns to a net loss of $6,222 million, with employee count slightly increasing to 313,000. |
| 2017 | John Flannery replaced Jeff Immelt as CEO and began further divesting GE's assets in locomotives and lighting. |
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