GE appoints new President & CEO of Europe

GE has announced the appointment of Peter Stracar as President & CEO of GE’s European region.

He succeeds Mark Hutchinson who announced his retirement from GE effective Jan 1. Peter will report to Alex Dimitrief, President & CEO of GE’s Global Growth Organization (GGO), the company said in the press statement.

Prior to his current role, Peter has been the CEO of GE Central and Eastern Europe (CEE) since 2013, responsible for GE’s growth strategy. A native of the Czech Republic, he previously was President of Hilti Corporation’s Asia Pacific business, based in Hong Kong.

Europe is GE’s largest region and market outside the United States.

Source: GE