GE names new CEO of its industrial solutions business

GE Wells Fargo Acquisition

General Electric has named Stephanie Mains as the new CEO of its Industrial Solutions business, which is part of Energy Management. Stephanie succeeds Bob Gilligan, who recently announced his retirement from GE after 25 years with the company.

“Stephanie is a 26-year veteran at GE and brings a wealth of experience in finance, operations and business management with her to the Industrial Solutions business,” said Russell Stokes, CEO of Energy Management. “I am confident her knowledge and expertise will enable her to be a strong leader of our Industrial Solutions business. She’ll be focused on enhancing the customer’s experience and driving toward our goal of being an industry leader.”

Prior to joining Industrial Solutions, Mains was the vice president of Distributed Power Global Services for GE Power, a leading provider of power equipment, engines and services, focused on power generation at or near the point of use.

During her two years in that role, she led the business to 19 percent revenue growth and tripled investment while leveraging the GE Store to expand life cycle offerings, digital solutions and global capabilities in both direct and indirect markets. She also brought three GE service product lines together to better service an installed base of more than 30,000 units.

Mains first joined GE Transportation as part of the company’s financial management program back in 1989 and during the next 10 years, held roles of progressive responsibility in finance and quality at GE Transportation and GE Capital. In 1999, she joined GE Aviation and held posts including chief financial officer for material services, CFO for customized service agreements and quality manager for engine services.

In 2006, she joined GE Energy where she oversaw GE’s network of global gas repair centers, program support and new repair introduction rollouts. In 2010, Mains was promoted to general manager of parts and repair services, which, within two years, transformed into services operations—a 3,800-person, $4 billion global organization responsible for parts and repairs across GE’s gas and steam turbines and generators as well as global standards for outage execution. In addition, in 2012, she was named a corporate officer of GE.

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