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_ceo-larry-culp39s-overhaul-of-ge-will-make-him-a-billionaire.jpg "When Larry Culp stepped into the CEO role at General Electric in 2018, he was the first outsider to lead the iconic company. Founded by Thomas Edison in 1892, GE had morphed over more than a century into a sprawling conglomerate that was struggling under $135 billion in debt.<br/><br/>One of Culp’s predecessors had made a costly acquisition bet, investors had fled, and the company’s market cap had shrunk to $70 billion, down more than half a trillion dollars from August 2000, when it was the most valuable company in the world. Culp turned GE’s board down twice before accepting the CEO job, but ultimately extracted a multimillion-share incentive package linked to GE’s share price. At the time, CNBC’s Jim Cramer said it was “the best performance-oriented contract I’ve ever seen.”<br/><br/>Spoiler alert: It paid off.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/sarahwhitmire/2024/03/31/general-electric-ceo-larry-culp-to-join-small-club-of-billionaire-executives/?sh=7902b57d449b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
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_features-of-the-mei-2000-series-bill-acceptor.jpg "Vendors Tech")
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_prevent-vending-machine-dollar-bill-acceptor-validator-hacking-amp-stealing-on-mars-mei-ae-vn-2000.jpg "Capital Vending of Maryland")
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_the-dark-side-of-chocolate-trailer.jpg "'The Dark Side of Chocolate' is a documentary about the continued allegations of trafficking of children and child labor in the international chocolate industry.<br/> <br/>While we enjoy the sweet taste of chocolate, the reality is strikingly different for African children. <br/> <br/>In 2001 consumers around the world were outraged to discover that child labor and slavery, trafficking, and other abuses existed on <br/>cocoa farms in the Ivory Coast, a country that produces nearly half the world's cocoa. An avalanche of negative publicity and consumer <br/>demands for answers and solutions soon followed. <br/> <br/>Two members of US Congress, Senator Tom Harkin of Iowa and Representative Eliot Engel of New York, tackled the issue by adding a rider to an agricultural bill proposing a federal system to certify and label chocolate products as \")
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_mei-vn-2512-bill-acceptor-configuring-product.jpg "kozmaedw")
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_problem-with-the-bill-acceptor-on-my-vending-machine.jpg "Daniel Guevara")
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_how-to-change-the-bezel-on-a-mars-mei-vn2500-2700-series-bill-acceptor.jpg "Du0026S Vending, Inc.")
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_the-art-of-tuning-a-mars-trc6800h-single-price-coin-mech.jpg "Dougs WorldTour")
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_fix-bill-acceptor-for-vending-machine.jpg "way22good1")
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_how-to-fix-a-vending-machine-coin-mechanism.jpg "Vendtec.ie")
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_traxx-automatic-numbering-machines-an6606-an6608-an6612.jpg "TRAXX Printer - A world of impressions")
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_ceo-larry-culp39s-overhaul-of-ge-will-make-him-a-billionaire.webp "When Larry Culp stepped into the CEO role at General Electric in 2018, he was the first outsider to lead the iconic company. Founded by Thomas Edison in 1892, GE had morphed over more than a century into a sprawling conglomerate that was struggling under $135 billion in debt.<br/><br/>One of Culp’s predecessors had made a costly acquisition bet, investors had fled, and the company’s market cap had shrunk to $70 billion, down more than half a trillion dollars from August 2000, when it was the most valuable company in the world. Culp turned GE’s board down twice before accepting the CEO job, but ultimately extracted a multimillion-share incentive package linked to GE’s share price. At the time, CNBC’s Jim Cramer said it was “the best performance-oriented contract I’ve ever seen.”<br/><br/>Spoiler alert: It paid off.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/sarahwhitmire/2024/03/31/general-electric-ceo-larry-culp-to-join-small-club-of-billionaire-executives/?sh=7902b57d449b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_features-of-the-mei-2000-series-bill-acceptor.webp "Vendors Tech")
_prevent-vending-machine-dollar-bill-acceptor-validator-hacking-amp-stealing-on-mars-mei-ae-vn-2000.webp "Capital Vending of Maryland")
_the-dark-side-of-chocolate-trailer.webp "'The Dark Side of Chocolate' is a documentary about the continued allegations of trafficking of children and child labor in the international chocolate industry.<br/> <br/>While we enjoy the sweet taste of chocolate, the reality is strikingly different for African children. <br/> <br/>In 2001 consumers around the world were outraged to discover that child labor and slavery, trafficking, and other abuses existed on <br/>cocoa farms in the Ivory Coast, a country that produces nearly half the world's cocoa. An avalanche of negative publicity and consumer <br/>demands for answers and solutions soon followed. <br/> <br/>Two members of US Congress, Senator Tom Harkin of Iowa and Representative Eliot Engel of New York, tackled the issue by adding a rider to an agricultural bill proposing a federal system to certify and label chocolate products as \")
_mei-vn-2512-bill-acceptor-configuring-product.webp "kozmaedw")
_problem-with-the-bill-acceptor-on-my-vending-machine.webp "Daniel Guevara")
_how-to-change-the-bezel-on-a-mars-mei-vn2500-2700-series-bill-acceptor.webp "Du0026S Vending, Inc.")
_mr-ashmufareh39s-catmo-john-white-amp-bill-must.webp "#ONPASSIVE Bill Must")
_the-art-of-tuning-a-mars-trc6800h-single-price-coin-mech.webp "Dougs WorldTour")
_fix-bill-acceptor-for-vending-machine.webp "way22good1")
_how-to-fix-a-vending-machine-coin-mechanism.webp "Vendtec.ie")
_traxx-automatic-numbering-machines-an6606-an6608-an6612.webp "TRAXX Printer - A world of impressions")
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