Microsoft’s Judson Althoff joins GE Aerospace (NYSE: GE) board as independent director
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
General Electric Company, operating as GE Aerospace, is adding technology leadership to its board. The Board elected Judson Althoff, CEO of Microsoft’s Commercial Business, as a new director, effective June 24, 2026, and will increase its size to accommodate his appointment.
The Board determined that Althoff qualifies as an independent director under New York Stock Exchange standards and the company’s governance principles. He will receive the same compensation and benefits as other independent directors. A press release with more background on his experience and GE Aerospace’s strategy accompanies this update.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
1.875% Notes due 2027: 1.875% notes, 2027 maturity
1.500% Notes due 2029: 1.500% notes, 2029 maturity
7.5% Subordinated Notes due 2035: 7 1/2% subordinated notes, 2035 maturity
+5 more
8 metrics
1.875% Notes due 2027
1.875% notes, 2027 maturity
Listed on New York Stock Exchange as GE 27E
1.500% Notes due 2029
1.500% notes, 2029 maturity
Listed on New York Stock Exchange as GE 29
7.5% Subordinated Notes due 2035
7 1/2% subordinated notes, 2035 maturity
Guaranteed subordinated notes listed as GE /35
2.125% Notes due 2037
2.125% notes, 2037 maturity
Listed on New York Stock Exchange as GE 37
Commercial engines installed base
Approximately 50,000 engines
GE Aerospace commercial aircraft engines installed base
Military engines installed base
Approximately 30,000 engines
GE Aerospace military aircraft engines installed base
Global employees
Approximately 57,000 employees
GE Aerospace worldwide workforce
Althoff board start date
June 24, 2026
Effective date for Judson Althoff joining GE Aerospace Board
Key Terms
independent director, emerging growth company, forward-looking statements, Proxy Statement, +1 more
5 terms
independent director financial
"The Board has determined that Mr. Althoff is an independent director under the New York Stock Exchange listing standards"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ... Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
forward-looking statements regulatory
"This document contains "forward-looking statements" - that is, statements related to future events"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Proxy Statement regulatory
"compensation and benefit program for the Company’s independent directors, which is described on page 24 of the Company’s Proxy Statement"
A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.
New York Stock Exchange listing standards financial
"independent director under the New York Stock Exchange listing standards and the Company's independence guidelines"
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 8, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |||||||||||||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||||||||||||||
(Registrant’s telephone number, including area code) (513 ) 243-2000
_______________________________________________
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
| Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). | ||||||||
| Emerging growth company | ||||||||
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. | ☐ | |||||||
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 8, 2026, the Board of Directors (the “Board”) of General Electric Company, operating as GE Aerospace (the “Company”), elected Judson Althoff to the Board, effective June 24, 2026. In connection with this change, the Board will increase its size to accommodate the election of Mr. Althoff. A copy of the press release announcing Mr. Althoff’s election to the Board is attached as Exhibit 99.1 and incorporated herein by reference.
The Board has determined that Mr. Althoff is an independent director under the New York Stock Exchange listing standards and the Company's independence guidelines, as set forth in the Board’s Governance Principles.
Mr. Althoff will participate in the compensation and benefit program for the Company’s independent directors, which is described on page 24 of the Company’s Proxy Statement for its Annual Meeting of Shareholders held on May 5, 2026, which was filed with the Securities and Exchange Commission on March 12, 2026.
The Board has not yet appointed Mr. Althoff to any Board committees.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit | Description | ||||||||||||||||
99.1 | Press release, dated June 11, 2026, issued by GE Aerospace. | ||||||||||||||||
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. | ||||||||||||||||
Forward-looking statements
This document contains "forward-looking statements" - that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. For details on the uncertainties that may cause our actual future results to be materially different than those expressed in our forward-looking statements, see https://www.geaerospace.com/investor-relations/important-forward-looking-statement-information as well as our annual reports on Form 10-K and quarterly reports on Form 10-Q. We do not undertake to update our forward-looking statements.
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| General Electric Company | |||||||||||
| (Registrant) | |||||||||||
Date: June 11, 2026 | /s/ Brandon Smith | ||||||||||
Brandon Smith Vice President, Chief Corporate, Securities & Finance Counsel | |||||||||||
3
Exhibit 99.1
Judson Althoff Joins GE Aerospace Board of Directors
CINCINNATI – June 11, 2026 – GE Aerospace (NYSE:GE) today announced Judson Althoff, CEO of Microsoft’s Commercial Business, will join its Board of Directors.
H. Lawrence Culp, Jr., GE Aerospace Chairman and CEO said, “Judson brings deep experience in helping large organizations combine human ingenuity with technology advancements. His insights will be invaluable as we accelerate FLIGHT DECK and expand our use of Artificial Intelligence to deliver greater value to our customers and shareholders.”
Judson Althoff serves as CEO of Microsoft’s Commercial Business. In this role, Althoff builds on his experience of nearly a decade as the chief architect of Microsoft’s commercial strategy, overseeing product strategy, sales, service, support, marketing, and operations, to drive growth and strengthen the company’s position as the partner of choice for AI Transformation. Althoff joined Microsoft in March 2013 as President of Microsoft North America after serving in senior sales roles at Oracle and EMC. Althoff is a graduate of the Illinois Institute of Technology (IIT) and serves on the board of Ecolab as an independent director and a member of the Safety, Health & Environment and Finance Committees. He will join the GE Aerospace Board effective June 24, 2026.
About GE Aerospace
GE Aerospace is a global aerospace propulsion, services, and systems leader with an installed base of approximately 50,000 commercial and 30,000 military aircraft engines. With a global team of approximately 57,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow, and the future at www.geaerospace.com.
GE Aerospace Investor Contact:
Blaire Shoor, 857.472.9659
blaire.shoor@geaerospace.com
GE Aerospace Media Contact:
Megan Newhouse, 203.414.1257
megan.newhouse@geaerospace.com
FAQ
What did GE (GE) announce regarding its Board of Directors?
GE Aerospace announced that Judson Althoff, CEO of Microsoft’s Commercial Business, has been elected to its Board of Directors effective June 24, 2026. The Board will expand its size to add him as a new independent director.
Who is Judson Althoff, the new GE (GE) board member?
Judson Althoff is CEO of Microsoft’s Commercial Business, overseeing product strategy, sales, service, support, marketing, and operations. He previously led Microsoft North America and held senior sales roles at Oracle and EMC, bringing extensive enterprise technology and AI transformation experience.
Is Judson Althoff considered an independent director at GE (GE)?
Yes, the GE Aerospace Board determined that Judson Althoff is an independent director under New York Stock Exchange listing standards and the company’s independence guidelines, as outlined in its Governance Principles. He will join the compensation and benefit program for independent directors.
When will Judson Althoff join the GE Aerospace (GE) board?
Judson Althoff will join the GE Aerospace Board of Directors effective June 24, 2026. His appointment was approved by the Board on June 8, 2026, with the Board increasing its size to accommodate his election as a new independent director.
Will Judson Althoff serve on GE (GE) board committees?
The Board has not yet appointed Judson Althoff to any GE Aerospace board committees. He will initially join as an independent director, with potential committee assignments to be determined later by the Board based on its governance needs.
What does GE Aerospace (GE) do according to this filing?
GE Aerospace is described as a global aerospace propulsion, services, and systems leader, with about 50,000 commercial and 30,000 military aircraft engines installed and roughly 57,000 employees worldwide focused on advancing the future of flight and safety.