H. Lawrence Culp Jr.

Henry Lawrence "Larry" Culp, Jr. (born March 1963) is an American business executive. He is chairman and CEO of GE Aerospace. He is the first outsider to run GE in the company's 126-year history.

Prior to joining GE, Culp worked at Pall Corporation and Danaher Corporation in Washington, D.C. He joined the Danaher Corporation in 1990 and was CEO from 2001 through 2014. Culp joined the GE board of directors in April 2018.

Culp is also a senior advisor at Bain Capital Private Equity and a non-executive director of T. Rowe Price.

Culp's pay package of up to $21 million a year for four years as chairman and CEO of General Electric has attracted attention, especially the element tied to any stock price increase, with about $47 million for a 50% rise and perhaps $300 million for a 150% increase. In 2020, Culp was offered a contract-extension of two years by the board of General Electric that would last until August 2024.

In April 2021, the Financial Times reported that Culp faced push back from two of the largest shareholder advisers on his pay package, which includes a bonus of $47 million. In June 2022, Culp extended his role as CEO of GE Aviation, in addition to GE. Culp's total compensation for 2024 was $87.4 million.

Personal life Culp is married, with three children, and lives in the Boston area.