Powered by

GE sheds more light on its political gifts

Jan 17, 2019 - The Boston Globe
Board and Executive Moves

H. Lawrence Culp Jr. was named chairman and CEO of General Electric Oct. 1.

New General Electric CEO Larry Culp's emphasis on transparency apparently now extends to the company's political operations.

GE executives just decided to broaden the company's disclosures of political donations to include trade association dues as well as gifts to "social welfare" nonprofits, a.k.a. 501(c)(4)s, often used to funnel dark money to candidates.

The decision marks a high-profile victory for...