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On Wednesday, CEO Larry Culp announced that John Slattery, the chief commercial officer of GE Aerospace, will be stepping down from his position in June, transitioning to an advisory role within the company. Slattery, a seasoned industry veteran hailing from Ireland, previously led the commercial arm of Brazil’s Embraer, one of the world’s top aircraft manufacturers. He joined GE in 2020, assuming leadership of its aviation business and unveiling an innovative engine concept in collaboration with France’s Safran.

With GE’s recent historic split into three separate entities, Slattery took on the role of chief commercial officer, focusing on strategic initiatives. Culp praised Slattery’s extensive industry knowledge and customer-centric approach in a LinkedIn post, highlighting his contribution to GE Aerospace’s transformation into a standalone public entity. Slattery, 55, expressed his intention to embark on a new chapter but provided no further details.

While he has been associated with potential positions at companies like Boeing or in aviation finance, his specific plans remain undisclosed. Additionally, Slattery serves as the non-executive chairman of Swedish electric airplane startup Heart Aerospace, a role he is expected to retain following his departure from GE. His exit coincides with GE’s completion of its breakup into three separate entities, marking the end of the conglomerate’s 132-year journey as a symbol of American business prowess.