{"id":1649897,"date":"2022-09-20T19:53:46","date_gmt":"2022-09-20T23:53:46","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1649897"},"modified":"2022-09-20T19:53:57","modified_gmt":"2022-09-20T23:53:57","slug":"ge-appoints-repsols-zingoni-as-ceo-of-power-business-memo","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ge-appoints-repsols-zingoni-as-ceo-of-power-business-memo\/","title":{"rendered":"GE appoints Repsol\u2019s Zingoni as CEO of power business \u2013 memo"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fge-appoints-repsols-zingoni-as-ceo-of-power-business-memo%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1649897&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>By Andres Gonzalez and Rajesh Kumar Singh<\/p>\n<p>LONDON\/CHICAGO (Reuters) \u2013     General Electric Co has hired Mavi Zingoni as head of its power unit, which comprises gas, steam and nuclear power businesses, according to an internal memo reviewed by Reuters on Tuesday.<\/p>\n<p>Zingoni, who served as executive managing director of client and low carbon generation business at Spanish energy group Repsol, will take over on Jan. 1 and will be based in the United States, the memo said.<\/p>\n<p>GE did not immediately respond to a request for comment.<\/p>\n<p>She joins at a time when the industrial conglomerate is gearing to split into three public companies. <\/p>\n<p>GE plans to separate its healthcare business in January next year. It will spin off its energy business in 2024 into a new stand-alone company, which would combine power, renewable energy and digital units.<\/p>\n<p>Zingoni faces the challenge of navigating GE\u2019s power business through persistent supply chain and inflationary pressures.<\/p>\n<p>The power business, which accounted for about 23% of company revenue last year, is one of the company\u2019s most challenging businesses. It has not reported a revenue growth in years.<\/p>\n<p>In the first half of this year, the unit also saw a drop in orders. However, the company expects it to report a profit this year with low single-digit revenue growth.   <\/p>\n<p> (Reporting by Andres Gonzalez in London and Rajesh Kumar Singh in Chicago; editing by Richard Pullin)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/ge-appoints-repsols-zingoni\/the-logo-of-u-s-conglomerate-general-electric-is-seen-on\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8J16U-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8J16U-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Andres Gonzalez and Rajesh Kumar Singh LONDON\/CHICAGO (Reuters) \u2013 General Electric Co has hired Mavi Zingoni as head of its power unit, which comprises gas, steam and nuclear power<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1649897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1649897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1649897"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1649897\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1649897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1649897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1649897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}