David Joyce is the former Vice Chairman and CEO of GE Aviation, with a remarkable 40-year career at General Electric (GE). He first joined GE and immersed himself in the intricacies of the business, eventually leading the Aviation sector. Under...
David Joyce is the former Vice Chairman and CEO of GE Aviation, with a remarkable 40-year career at General Electric (GE). He first joined GE and immersed himself in the intricacies of the business, eventually leading the Aviation sector. Under his leadership, he focused on improving operations and significantly cutting down the company's debt. Joyce was known for making tough decisions to help GE stay competitive, including the sale of non-core businesses like its BioPharma unit. His compensation reflected his experience and performance, peaking with a total package of about $23.8 million in 2019, largely driven by his success in turning around the Aviation operations during difficult times with the Boeing 737 MAX. He held over a million shares in GE, worth nearly $170 million, aligning his financial interests with the company's long-term performance. Not just a corporate executive, Joyce transitioned into advisory roles after stepping down as CEO, contributing his expertise to the company as it navigated changing market conditions.