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GE Vernova

Builds equipment and software for electric power

Global R&D Director

Full-Time
No salary listed
Expert
Bachelor's, Master's
Issy-les-Moulineaux, France+3 moreMore locations: Villeurbanne, France | Kassel, Germany | Aix-les-Bains, France
HybridHybrid work arrangement; relocation assistance is provided.
Engineering ManagementEngineering Leadership

About the job

Requirements
  • For roles outside the USA, significant experience in Engineering/Technology & R&D Systems Engineering is required; knowledge should be comparable to a Master's degree or a high school diploma with relevant experience.
  • For roles in the USA, a Master's degree from an accredited university or college is required, or a high school diploma/GED with at least 6 years of experience in the relevant job family/function.
Responsibilities
  • Perform activities in the interdisciplinary field of engineering focused on designing and managing complex engineering systems over their life cycles, ensuring all likely project or system aspects are considered and integrated.
  • Manage a small to medium team of senior professionals and others; use specialized functional knowledge; influence area strategy, control resources, and influence policy formulation.
  • Interpret simple internal and external business challenges and recommend best practices to improve products, processes, or services; stay informed of industry trends that may inform work.
  • Use high-level judgment to make decisions and handle complex tasks or problems in operational, product management, manufacturing, technology, or engineering areas; assess information quality, ask stakeholders pertinent questions, develop solutions beyond set parameters, and provide recommendations using multiple internal and some external sources.
  • May lead functional teams or projects with minimal resource requirements, risk, or complexity; communicate difficult concepts and influence others' opinions on topics; guide others to consider different points of view.
Desired Qualifications
  • Strong oral and written communication skills.
  • Strong interpersonal and leadership skills.
  • Demonstrated ability to analyze and resolve problems.
  • Demonstrated ability to lead programs or projects.
  • Ability to document, plan, market, and execute programs.
  • Established project management skills.

About the company

GE Vernova makes equipment and software that generate and manage electricity for utilities, power producers, and industrial customers. Its Power, Wind, and Electrification businesses span gas turbines, wind generation, and the systems that move electricity across grids. The company supplies generators, grid equipment, and controls, while its software coordinates network operations and integrates changing sources of power. Customers buy equipment and enter service agreements for maintenance, upgrades, and technical support over its operating life, alongside purchases of software and related services. GE Vernova became an independent company in 2024 after separating from GE and is headquartered in Cambridge, Massachusetts.

Company Size

10,001+

Company Stage

N/A

Total Funding

$17.6M

Headquarters

Cambridge, Massachusetts

Founded

2024

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Simplify's Take

What believers are saying

  • Demand supports expansion: July 2026 results show GE Vernova booked $24.2 billion of quarterly orders, up 88% organically.
  • Service commitments support recurring work: GE Vernova says services account for more than 55% of its backlog.
  • Graduates build depth through rotations: GE Vernova runs two-year Next Gen development programs in engineering, technology, and operations.

What critics are saying

  • Wind remains a drag: July 2026 results show GE Vernova lost $275 million in quarterly Wind segment EBITDA.
  • Project margins absorb overruns: GE Vernova locks prices before completion and discloses meaningful expenses from excess costs and penalties.
  • Field assignments demand long weeks: GE Vernova's listed transformer specialist works typical 12-hour site days, up to six weekly.

What makes GE Vernova unique

  • Its technology underpins global power: GE Vernova says customers generate approximately one-quarter of world electricity using its equipment.
  • Gas turbine scale anchors expertise: GE Vernova reports the largest installed fleet by generating capacity, across approximately 7,000 turbines.
  • Nuclear work reaches beyond equipment: GE Vernova Hitachi supplies advanced reactors, fuel, and services for operating plants.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Parental Leave
  • Mental Health Support
  • Relocation Assistance
  • Performance Bonus

Company News

Yahoo Finance
Oct 16th, 2026
GE Vernova wins five Venture Global grid reservations; $3,400 model target implies 267% upside

GE Vernova has reserved five grid equipment packages for Venture Global, under an agreement signed October 9. GE Grid Solutions will supply transformers and gas-insulated switchgear for up to 21 power island projects, with purchase orders starting in late 2026. Venture Global also reserved eight power islands with GE Vernova, and expects to order its first by the end of 2026. Beyond reservation fees, neither deal binds the buyer; the roughly $17.2 billion total assumes every order proceeds. GE Vernova shares closed at $926.44 on October 15, 21.14% below their June record but up about 42% in 2026. The company's Electrification backlog has grown to $45 billion from $6 billion at the end of 2021. Third-quarter results are due October 28.

Yahoo Finance
Oct 15th, 2026
GE Vernova shares fall 5.5% despite Venture Global deal for up to 16 gas units, 10GW of AI power

Venture Global has signed power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new 720 MW combined-cycle gas power island units, plus related transformer equipment. The units would supply an off-grid industrial power network that could support as much as 10 GW of future compute capacity. GE Vernova's shares fell 5.5% after the news. The deal shows how its gas turbines and grid equipment are becoming central to behind-the-meter power for LNG operations and AI data centres. The company recently raised its 2026 revenue guidance to $45.5 billion to $46.5 billion, and its free cash flow outlook to $11.5 billion to $12.5 billion. Risks remain in its loss-making Wind business, tariffs, and large, lumpy projects.

Yahoo Finance
Oct 8th, 2026
Cramer tips GE Vernova and Vertiv as data center plays missing from jobs report

Jim Cramer highlighted GE Vernova and Vertiv on 2 October, noting their exposure to data centre growth. He questioned why the jobs report didn't reflect the data centre buildout, suggesting commercial construction is weak whilst data centre projects remain strong. Vertiv's Q2 net sales grew 24% annually, with operating profit up 44%. However, revenue growth of 17.8% missed analyst estimates of 23.6% due to supply chain issues, raising concerns about backlog conversion. The company's capital expenditure surged 285% to $173 million. GE Vernova's shares have risen over 240% since October 2024. Q2 customer downpayments generated a $6.4 billion working capital benefit, pushing free cash flow up 2,532% to $5.1 billion. The company raised its full-year cash flow guidance to $11.5–$12.5 billion from $6.5–$7.5 billion.

Yahoo Finance
Oct 7th, 2026
GE Vernova stock soars 600% in two years, eyes 300% growth by 2032

General Electric spun off its energy division as GE Vernova on 2 April 2024. The stock opened at $142.25 per share and reached a record high of $1,174.86 on 30 June 2026, now trading at about $1,000. GE Vernova operates three segments: Power, Electrification, and Wind. Strong demand from cloud and AI markets drove growth in its Power and Electrification businesses, whilst the Wind segment faced operational challenges. The company's backlog grew 37% year-over-year to $176.3 billion at the end of Q2 2026. Analysts expect revenue and adjusted EBITDA to grow at compound annual growth rates of 17% and 60% respectively from 2025 to 2028. GE Vernova trades at 27 times next year's adjusted EBITDA, with an enterprise value of $262 billion.

Yahoo Finance
Sep 29th, 2026
GE Vernova orders surge 68% as AI data centres drive power demand

GE Vernova, General Electric's former energy division spun off in 2024, is positioned to benefit from surging power demands at AI data centres. The company operates three segments: Power (55% of 2025 orders), Electrification (33%), and Wind (13%), providing turbines, transformers, and grid services. Orders grew 24% organically in the first half of 2026, driven by Power and Electrification segments. By Q2 2026, GE Vernova's backlog reached $176.3 billion — 4.6 times its 2025 revenue of $38.1 billion. The company expects 2026 revenue to grow 20-22%, accelerating from 9% growth in 2025 and 5% in 2024. Fortune Business Insights projects the global AI in power utilities market could expand at a 19.3% compound annual growth rate from 2026 to 2034.