GE Vernova Inc. ·GEV

Three business CEOs run P&Ls under a lean corporate center

Energy · Fortune #130 · Divisional structure · 77K employees · Cambridge, MA

View as of:

CEO span

↓ tighter than peers (avg 10)

3.1

Avg span

moderate

Max depth

3 levels

2 yr

Avg tenure

stable vs FY2024

57%

Internal hires

near industry avg

Consolidated financials FY2025 · period end 2025-12-31 · 10-K

Revenue

$38.1B

Operating income

$1.4B

Net income

$4.9B

Total assets

$63.0B

Shares out

270M

Sourced from GE Vernova Inc. DEF 14A · filed 2026-04-03 ↗ View on SEC

Interactive org chart

GE Vernova Inc. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

GE Vernova is organized around three powerful operating segments—Power, Electrification, and Wind—each led by a CEO reporting directly to the group CEO. This page details the divisional structure, executive team, recent leadership changes, and how the model compares with energy peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Mav Zingoni departed as CEO, Power Segment

Resigned effective January 21, 2026; served as advisor through June 30, 2026.

Source · See change log

Scenario views in the chart

Add Chief AI Officer Create a Chief AI Officer role reporting to the CEO to coordinate AI, automation, and analytics across all segments.
Consolidate Segment Services Move shared services leaders from each segment to a centralized operations leader to reduce duplication.

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The people

Who's running this

7 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

Scott Strazik

Chief Executive Officer

Corporate

2 yr

18 reports

internal

Eric Gray

Chief Executive Officer, Power Segment

Power

0 yr

3 reports

Ken Parks

Chief Financial Officer

Finance

2 yr

3 reports

Philippe Piron

Chief Executive Officer, Electrification

Electrification

3 yr

2 reports

internal

Victor Abate

Chief Executive Officer, Wind

Wind

3 yr

2 reports

Steven Baert

Chief People Officer

Human Resources

3 yr

2 reports

internal

Lola F. Lin

Chief Legal Officer and Secretary

Legal

1 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 4 named executive officers disclosed. Bar length scales with total compensation.

Scott Strazik $18.0M

Base salary: $1.47M
Stock awards: $8.51M
Option awards: $2.19M
Non-equity incentive: $4.50M
Pension change: $1.05M
Other: $290K
Fiscal year: FY2025
Source: SEC DEF 14A ↗

Ken Parks $6.3M

Base salary: $961K
Stock awards: $2.71M
Option awards: $697K
Non-equity incentive: $1.81M
Other: $109K
Fiscal year: FY2025
Source: SEC DEF 14A ↗

Philippe Piron $5.4M

Base salary: $904K
Stock awards: $1.94M
Option awards: $498K
Non-equity incentive: $1.92M
Other: $159K
Fiscal year: FY2025
Source: SEC DEF 14A ↗

Steven Baert $5.7M

Base salary: $897K
Stock awards: $2.32M
Option awards: $598K
Non-equity incentive: $1.77M
Other: $140K
Fiscal year: FY2025
Source: SEC DEF 14A ↗

The businesses

How GE Vernova Inc. divides the work

4 divisions report into the group CEO. Tile size scales with estimated headcount.

Power

30K employees

CEO, Power Segment (Eric Gray)

Designs and services gas, nuclear, steam, and hydro power technologies.

Electrification

20K employees

CEO, Electrification (Philippe Piron)

Provides grid, transmission, and electrification solutions globally.

Wind

18K employees

CEO, Wind (Victor Abate)

Manufactures and services onshore and offshore wind technologies.

Corporate Functions

9K employees

Chief Executive Officer (Scott Strazik)

Finance, legal, HR, and governance supporting operating segments.

The thesis

Why this org is unusual

Three operating CEOs—Power, Electrification, and Wind—each run full P&Ls and report directly to Scott Strazik.

This divisional model limits corporate layers while placing accountability for margin, backlog, and capital discipline squarely with segment leaders. Corporate functions are comparatively lean, with finance, people, and legal acting as enablers rather than parallel hierarchies.

The structure reflects GE Vernova’s spin-off origins: each business retains deep operational autonomy while the CEO maintains a broad span of control. Recent changes in the Power segment leadership reinforce this model by swapping the segment CEO without adding intermediate roles.

All operating segments led by CEOs reporting to group CEO
Lean corporate center relative to revenue scale
Recent Power CEO transition without structural reorg

The comparison

How GE Vernova Inc. stacks up

Compared with peers like Siemens Energy and Schneider Electric, GE Vernova runs a cleaner divisional structure with fewer corporate overlays. Siemens Energy adds additional regional and functional layers, while Schneider blends matrix reporting across regions and products. GE Vernova’s approach more closely resembles a …

C-suite size

GE Vernova Inc.

Siemens Energy

Schneider Electric

ABB

Mitsubishi Heavy Industries

Reporting depth

GE Vernova Inc.

3 levels

Siemens Energy

5 levels

Schneider Electric

6 levels

ABB

5 levels

Mitsubishi Heavy Industries

6 levels

Avg C-suite tenure

GE Vernova Inc.

2 yr

Siemens Energy

4 yr

Schneider Electric

6 yr

ABB

5 yr

Mitsubishi Heavy Industries

7 yr

Has COO / Has CAIO

GE Vernova Inc. — no COO — no CAIO

Siemens Energy ✓ COO — no CAIO

Schneider Electric ✓ COO — no CAIO

ABB — no COO — no CAIO

Mitsubishi Heavy Industries ✓ COO — no CAIO

Current signals

What changed recently

The most significant change was the January 2026 transition of the Power segment CEO from Mav Zingoni to Eric Gray.

Jan 21, 2026 departed
Mav Zingoni CEO, Power Segment
Resigned effective January 21, 2026; served as advisor through June 30, 2026.
Source
Jan 21, 2026 new
Eric Gray CEO, Power Segment
Appointed effective January 21, 2026, succeeding Mav Zingoni.
Source
May 16, 2025 departed
Rachel Gonzalez General Counsel
Separated from the company on May 16, 2025.
Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025

DEF 14A filed 2026-04-03

CEO: Scott Strazik
CEO span: 6
C-suite: 6
Avg tenure: 2.1 yr

First full year post spin-off with stable divisional leadership.

Named executive officers (5)

Scott Strazik - CEO since 2024
Ken Parks - CFO since 2023
Steven Baert - Chief People Officer since 2023
Philippe Piron - CEO, Electrification since 2022
Mav Zingoni - CEO, Power since 2022

FY2024

DEF 14A filed 2025-03-28

CEO: Scott Strazik
CEO span: 5
C-suite: 5
Avg tenure: 1.8 yr

Initial public-company leadership structure following spin-off.

Named executive officers (5)

Scott Strazik - CEO since 2024
Ken Parks - CFO since 2023
Steven Baert - Chief People Officer since 2023
Philippe Piron - CEO, Electrification since 2022
Mav Zingoni - CEO, Power since 2022

FY2023

10-K filed 2024-02-01

CEO: Scott Strazik
CEO span: 4
C-suite: 4
Avg tenure: 1.2 yr

Pre-spin transitional leadership period.

Named executive officers (4)

Scott Strazik - CEO since 2023
Ken Parks - CFO since 2023
Mav Zingoni - CEO, Power since 2022
Philippe Piron - CEO, Electrification since 2022

Year-over-year changes

FY2024 → FY2025

The CEO span widened as the divisional model matured post spin-off.

CEO span: 5 → 6
C-suite size: 5 → 6
Avg tenure: 1.8 → 2.1 yr

reorg Corporate Structure - Divisional alignment (DEF 14A, 2026-04-03)

The board

Board of directors

9 directors. 8 of 9 independent (89%). Source: most recent DEF 14A.

Steve Angel

Chair Independent

Nicholas K. Akins

Independent

Arnold W. Donald

Independent

Matthew Harris

Independent

Martina Hund-Mejean

Independent

Jesus Malave

Independent

Paula Rosput Reynolds

Independent

Kim K.W. Rucker

Independent

Scott Strazik

Inside

CEO, GE Vernova

The board, organized

Board committees

4 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.

Audit Committee

100% independent

Nicholas K. Akins Chair
Arnold W. Donald
Martina Hund-Mejean

Compensation and Human Capital Committee

100% independent

Paula Rosput Reynolds
Kim K.W. Rucker

Nominating and Governance Committee

100% independent

Nicholas K. Akins Chair
Steve Angel
Arnold W. Donald

Safety and Sustainability Committee

100% independent

Paula Rosput Reynolds Chair
Nicholas K. Akins
Matthew Harris

Frequently Asked Questions

Who is the CEO of GE Vernova?

Scott Strazik has served as GE Vernova’s Chief Executive Officer since the 2024 spin-off from General Electric.

What type of organizational structure does GE Vernova use?

GE Vernova uses a divisional structure organized around Power, Electrification, and Wind business segments.

How many direct reports does GE Vernova's CEO have?

The CEO has seven direct reports, including three segment CEOs and core corporate leaders.

How has GE Vernova's leadership changed recently?

In January 2026, Eric Gray was appointed CEO of the Power segment following Mav Zingoni’s resignation.

Who reports directly to GE Vernova's CEO?

The CEO’s direct reports include the CFO, Chief People Officer, Chief Legal Officer, and the CEOs of Power, Electrification, and Wind.

Sources

8-K Filing, Jan 21, 2026
Company Proxy, 2026
SEC EDGAR: GE Vernova Inc. DEF 14A Proxy Statement
SEC EDGAR: GE Vernova Inc. 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th

Creately. (2026). GE Vernova Inc. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/ge-vernova/

MLA 9th

"GE Vernova Inc. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/ge-vernova/. Accessed .

Chicago 17

Creately. "GE Vernova Inc. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/ge-vernova/.

Original SEC source View on SEC ↗

GE Vernova Inc.. DEF 14A. Filed 2026-04-03. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1996810/000199681026000049/gev-20260402.htm

Permanent URL: https://creately.com/org-chart/fortune-500/ge-vernova/ · last updated 2026-04-01

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