Longtime GE Steam Power executive Michael Keroullé will be the company’s new CEO.
Keroullé begins heading up the global $5 billion business on July 1. He has been GE Steam Power’s chief commercial officer and worked for the firm 19 years.
Andreas Lusch is stepping down as CEO after a 32-year career. Sacha Parneix, regional sales leader for GE Steam Power MENAT, will take over as chief commercial officer.
Keroullé has served in numerous leadership roles ranging from project director to managing director of the environmental control business in Europe and boiler business in India. GE Steam Power provides technology, EPC capability and services for coal and nuclear power plants worldwide.