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Form 8-K · Current Report · Filed 2024-05-17

GE Vernova Appoints New Director Martina Hund-Mejean

On May 16, 2024, GE Vernova Inc. increased its Board of Directors to nine members with the appointment of Martina Hund-Mejean as a Class II director. The Board also appointed her to the Audit and Compensation Committees. She will receive an annual cash retainer of $140,000 and a restricted stock unit grant of $185,000. The forms of award agreements for directors and executive officers under the 2024 Long-Term Incentive Plan are attached as exhibits.

Filer
GE Vernova Inc. GEV · NYSE
Filed
Accession
0001996810-24-000011
CIK
0001996810
Signal
High impactUtilities

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CEO Appointed
Item 8.01

Other Events

No viable tag
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$166.40

Next session

-3.3%

Since filing

+495.1%

Latest close

$990.29

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from GEV reporting the same item, with the next session's move:

Exhibits (5)

About GE Vernova Inc.

GE Vernova Inc. is a diverse energy company focused on delivering innovative solutions across the global energy landscape. As a segment of General Electric specializing in energy technologies and power solutions, its primary function is to develop and supply cutting-edge equipment and services that power the world. GE Vernova operates in several key areas, including renewable energy, gas power, and electric grid solutions, addressing the increasing demand for sustainable energy systems. In the renewables sector, GE Vernova plays a significant role with its wind power technologies, offering onshore and offshore wind turbines renowned for their efficiency and reliability. The company also provides comprehensive services for wind farms, ensuring optimal performance and energy output. Its gas power division offers high-efficiency gas turbines and related services, which continue to be pivotal in supporting energy transitions worldwide. Furthermore, their electric grid division supplies advanced technologies for grid modernization, significantly enhancing the efficiency and stability of electricity networks globally. As an innovator in energy technology, GE Vernova holds an influential position in the market, driving significant advancements in clean and reliable power generation and infrastructure development across the globe.

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