Wind Energy – Appointments GE
GE announced that GE Vernova has appointed two new leaders to its leadership team.
These appointments complete the executive leadership team for GE Vernova as the business prepares to launch as an independent company sometime in early 2024.
Kenneth Parks will join GE Vernova as Chief Financial Officer (CFO), effective October 2, 2023.
Ken brings extensive public company CFO experience and 38 years of comprehensive financial leadership to the role, having guided organizations through dynamic environments including acquisitions, emerging market positioning, restructuring, and leadership transitions.
Most recently, Ken served as CFO for the global building materials producer, Owens Corning. Under his leadership, the company delivered record financial results and consistently exceeded guidance in each of the last three years.
Victor Abate, who currently leads GE Vernova’s Onshore Wind business, will expand his responsibilities effective immediately to lead the full Wind segment across GE Vernova, which also includes Offshore Wind and LM Wind Power businesses.
Vic has served as CEO of Onshore Wind for the last 15 months, developing and driving operational and financial transformation efforts across the business. He has more than 30 years of senior leadership experience and transformation success at GE.
Vic served as CEO of both Gas Power Systems from 2013-2015 – where his team launched the world record-breaking HA gas turbine product line – and the Renewable Energy businesses from 2005-2013 and currently also serves as GE’s Chief Technology Officer.
Vic was previously President of the Board of Directors of the American Wind Energy Association and was a member of the Board of Directors of UI Labs.
