Vic Abate, a 25-year GE veteran who once ran the company's renewables business, will become its new chief technology officer (CTO). He succeeds the current CTO, Mark Little, who will retire at the end of the year.
Abate, president and CEO of GE's power generation business, will become the 10th leader in GE Global Research's 115-year history. As CTO, Abate will oversee GE's nine global research center facilities and a global team of 50,000 engineers at Global Research and in the GE businesses. Abate's team includes some of the world's best scientists and engineers driving advanced technologies and digital competitive differentiation that are shared across GE's businesses and influencing further innovation across the company portfolio.
According to GE, Joe Mastrangelo will replace Abate as president and CEO of the company's power generation unit.
Pictured: Little (left) shakes hand with Abate. Photo courtesy of GE.