The Story of Scott Strazik: Founder and CEO of GE Vernova -Entrepreneur
Biography of Scott Strazik:
Early Education and a Passion for Policy
Scott Strazik’s journey began with a strong interest in how people and
organizations work. He pursued a Bachelor's degree in Industrial Labor
Relations at Cornell University, graduating in 2000. This academic
foundation equipped him with deep knowledge of labor dynamics, workplace
policies, and human behavior—skills that would later serve him in leading
global teams.
The Story of Scott Strazik: Founder and CEO of GE Vernova -Entrepreneur #startup#age#net worth#investor#shark tank#GE Vernova story#Scott Strazik story
Strengthening Economic Perspective
Years into his professional life, Scott decided to broaden his understanding of
economics and global affairs. From 2009 to 2011, he earned his Master’s degree
from Columbia University’s School of International and Public Affairs (SIPA),
specializing in International Economic Policy and Management. This helped him
connect public policy, finance, and global energy dynamics—setting the stage
for his leadership in the energy sector.
Leadership Roles in GE Aviation
Scott's early executive journey began at GE Aviation, where he served as
Chief Financial Officer for the Commercial Engine Operations division. His work
during this time involved managing complex global operations and building
strong financial strategies key skills that prepared him for broader
responsibilities within GE.
Transitioning to GE Power and Gaining Momentum
In October 2017, Scott was appointed President and CEO of GE Power Services.
Within a year, in November 2018, he was promoted to CEO of GE Gas Power, one of
GE’s critical energy divisions. Here, he led the successful turnaround of the
business, especially focusing on commercializing the HA gas turbine platform,
which became one of GE’s most successful products.
Leading the Global GE Power Business
Scott’s performance led to even more responsibility in November 2021, when he
was made the CEO of all GE Power businesses, including Gas Power, Steam Power,
Power Conversion, and GE Hitachi Nuclear Energy. Operating in over 180
countries, he and his team worked tirelessly to decarbonize the energy sector
while delivering stable power to both major economies and remote communities.
The Birth of GE Vernova
As GE Power evolved, Scott played a pivotal role in creating GE Vernova, a
specialized global energy company focused on electrifying and decarbonizing the
world. Officially spun off as an independent public company in 2024, GE Vernova
became a purpose-driven entity under Scott’s leadership, combining over 130
years of GE’s experience with a bold new mission for the future.
Building a Future-Ready Energy Giant
As CEO of GE Vernova, Scott has led a team of 75,000 employees across
100+ countries. Under his leadership, the company has embraced a Lean culture
to streamline operations, increase financial performance, and invest in
groundbreaking technologies aimed at a more sustainable, affordable, and secure
energy future. The company now produces one-quarter of the world’s
electricity.
A Legacy of Impact and Innovation
GE Vernova is more than just a power company. It includes three major segments—Power,
Wind, and Electrification and is supported by advanced research, consulting,
and financial services. The company stands at the forefront of tackling climate
change, empowering economies, and improving quality of life through reliable
and renewable energy sources.
A Name That Reflects a Mission
The name “GE Vernova” carries deep meaning “GE” honors the legacy of General
Electric, “Ver” comes from “verde” meaning green, and “Nova” signals a new
beginning. With the purpose of delivering The Energy to Change the World, Scott
continues to guide GE Vernova into a future defined by sustainability,
innovation, and global impact.
Timeline Recap:
- 1996–2000:
Bachelor's in Industrial Labor Relations, Cornell University
- 2009–2011:
Master's in International Economic Policy, Columbia SIPA
- Early
2010s: CFO, GE Aviation Commercial Engine Operations
- Oct
2017 – Nov 2018: President & CEO, GE Power Services
- Nov
2018 – Nov 2021: CEO, GE Gas Power
- Nov
2021 – 2024: CEO, GE Power (including Gas, Steam, Nuclear)
- 2024:
GE Vernova launches as a public company, Scott becomes CEO
- 2024–Present:
GE Vernova operates in 100+ countries, generates 25% of global electricity
- Future:
Driving clean energy innovation and global decarbonization under the GE
Vernova mission