NEW YORK, Jan 22, 2026, 18:23 (ET) — Trading in after-hours
- Shares of GE Vernova slipped 0.93% to close at $661.67 and held steady in after-hours trading
- An SEC filing revealed that Power segment CEO Mavi Zingoni has stepped down, with Eric Gray stepping in as the new head.
- GE Vernova will release its fourth-quarter and full-year earnings on Jan. 28
Shares of GE Vernova Inc (GEV) dropped 0.9% on Thursday, continuing their slide following a regulatory filing revealing the head of its Power segment is stepping down. The stock ended the day at $661.67 and hovered near $662 in after-hours, after swinging between $645.26 and $679.33 during the session.
GE Vernova will release its fourth-quarter and full-year 2025 results on Jan. 28, ahead of the U.S. market open. CEO Scott Strazik and CFO Ken Parks will hold a webcast at 7:30 a.m. ET to go over the numbers, the company announced.
Power remains GE Vernova’s largest division, bringing in roughly $14 billion—about 51% of its revenue through the first nine months of 2025, according to Dow Jones Newswires. Gas Power drove over 80% of that segment’s revenue during the same stretch, the report added.
GE Vernova disclosed in an 8-K filing that Mavi Zingoni will step down as chief executive of the Power segment and as a company officer effective Jan. 21. She’ll remain on as an adviser through June 30. Eric Gray will assume the role of Power CEO while continuing to lead Gas Power, the filing revealed.
The filing didn’t specify the reason behind Zingoni’s departure. Shares were already sliding the day before, dropping 2.48% on Wednesday as the S&P 500 rose 1.16% and the Dow added 1.21%, according to MarketWatch data.
The executive shuffle comes as GE Vernova positions itself to supply data-center projects that demand reliable power. Strazik told Bloomberg that Big Tech could represent 25% of the company’s customers this year, up from 10% in 2025 and a “negligible” share in 2024, according to Energy Central. He added the surge has pushed the gas turbine backlog—orders taken but not yet fulfilled—to 80 gigawatts, while describing the wind order book as “much softer” amid a “complicated policy environment.” Energy Central
Investors tuning into the Jan. 28 call will be focused on updates about gas turbine orders, delivery slots, and pricing, especially as customers rush to secure equipment years in advance. Any remarks on cash generation usually hit this stock hard, too.
Just days ahead of results, the Power shake-up throws in another wildcard. If management signals caution on orders or margins—or if the wind weakness persists—the shares could quickly adjust downward.
After-hours trading often amplifies minor swings, so Friday’s regular session will reveal if buyers return. Technical traders are focused on whether the stock can maintain this week’s low around $645.
Traders outside the company are gearing up for new U.S. personal consumption expenditures inflation figures and the Federal Reserve’s upcoming decision next week, both of which could reshape rate forecasts and move industrial stocks. Investopedia highlighted PCE inflation as a crucial indicator for the Fed.
GE Vernova’s next big moment arrives Jan. 28, with results dropping before the bell followed by a webcast. Investors will be watching closely for clues on turbine demand from data centers and how the Power unit’s transition is shaping up—these details could shape sentiment heading into the next day’s trade.
