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Arconic Names Former GE Executive Chip Blankenship as CEO

wsj.com

Aerospace parts specialist Arconic Inc. named former General Electric Co. executive Chip Blankenship as its new chief executive, seeking to bring an end to a year of management turmoil that included a bitter fight with an activist investor and the sudden resignation of its former chief. Mr. Blankenship, the former head of GE’s appliance business, will become Arconic’s CEO on Jan. 15., the company said Monday. Interim CEO David Hess, who has run the company since April, will stay as a director...

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