GENERAL ELECTRIC CO 8-K

What Happened
General Electric Company (GE Aerospace) announced on January 15, 2026 that Mohamed Ali has been named President and CEO, Commercial Engines and Services (CES), effective February 1, 2026. Mr. Ali has served as GE Aerospace’s Chief Technology and Operations Officer since January 2025 and will lead an expanded CES team responsible for the full commercial engine lifecycle (safety & quality, product management, engineering, supply chain, manufacturing, and aftermarket services). Russell Stokes, the current President and CEO, CES, will assist in the transition in an advisory role and plans to retire effective July 31, 2026.

Key Details

• Effective date: Mohamed Ali assumes role on February 1, 2026; Russell Stokes’ retirement effective July 31, 2026.
• Transition/compensation for Mr. Stokes: he will receive regular salary until departure and be eligible for a prorated 2026 annual bonus based on actual Company performance.
• Equity and benefits: Mr. Stokes’s unvested equity grants will be forfeited except the time‑based portions of his 2024 annual equity grants (RSUs and options) scheduled to vest in May 2027, which will be accelerated upon departure.
• Pension/retirement: based on his 29 years of service and attainment of age 55, Mr. Stokes will be eligible to begin GE Aerospace Pension and Supplementary Pension benefits at departure and his Executive Retirement Benefit at age 60; he will also sign a release and agree to cooperation, confidentiality, non‑competition and non‑solicit covenants.

Why It Matters
This filing documents a leadership change in GE Aerospace’s Commercial Engines & Services, a core business unit that oversees engine production and aftermarket services. The filing also outlines specific departure terms for the outgoing CEO — including accelerated vesting for certain 2024 equity awards and pension eligibility — which are concrete compensation items investors can track for potential one‑time impacts to personnel expense or equity accounting in future disclosures. The advisory transition through July 31, 2026 is intended to provide continuity as Mohamed Ali assumes broader operational responsibility.