Hutchinson, a UK native, and a veteran of GE’s capital markets team among other roles with the company, will relocate to Paris to take on his new role.
Two weeks ago Alstom’s board of directors accepted GE’s revised $13.5bn bid for most of its power-equipment business over a rival joint offer from Siemens and Mitsubishi Heavy Industries.
As part of the deal, GE and Alstom will form three joint ventures, including one in renewables – to be based in France, to have more than 8,000 employees, and to consist of Alstom’s offshore wind and hydroelectric units.
