GE Launches New Company Called Current; Huge Promotion for Maryrose

General Electric Co. (NYSE: GE) announced Wednesday, Oct. 7, that it’s creating a company called Current that will house its developing energy businesses, be based in the Boston area and be led by the president and CEO of GE Lighting in Cleveland.Maryrose Sylvester, who as president and CEO at GE Lighting “has led the transformation of one of the company’s most iconic businesses,” according to the release, will lead Current and will remain as head of GE Lighting. GE said Current “will begin with more than $1 billion of revenue and build on GE’s legacy in energy and deep roots in technology.”

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