Victor  Abate net worth and biography

Victor Abate Biography and Net Worth

Chief Executive Officer, Wind of GE Vernova

Vic Abate is chief executive officer (CEO) of GE Vernova’s Wind segment, which serve utilities, renewable developers, independent power producers, and commercial customers with wind products and services to provide carbon-free power generation.

Since joining GE in 1990, Vic has held several leadership roles in engineering, services, production, and quality. He served as president and CEO of GE Renewable Energy from 2005 to 2013, focusing on the business’s differentiated product leadership in onshore and offshore wind. From 2013 to 2015, Vic served as president and CEO of GE Gas Power Systems where he oversaw the business’s launch of the world record-breaking HA gas turbines. Since 2015, Vic has served as senior vice president and chief technology officer of GE, leading a team of global scientists and engineers at GE Research, and guiding a diverse technology portfolio that delivered innovative solutions for customers. Vic assumed his role with Onshore Wind in 2022, and Wind in 2023.

Vic previously served as president of the Board of Directors of the American Wind Energy Association (AWEA) and was a member of the Board of Directors of UI Labs. Prior to joining GE, Vic led mechanical drive technology and new product development for Allied Signal and Zurn Industries.

Vic holds a Master of Science in mechanical engineering from Union College and a Master of Business Administration and Bachelor of Science in mechanical engineering from Rensselaer Polytechnic Institute.

What is Victor Abate's net worth?

The estimated net worth of Victor Abate is at least $1.76 million as of June 1st, 2026. Mr. Abate owns 1,835 shares of GE Vernova stock worth more than $1,760,306 as of June 4th. This net worth approximation does not reflect any other assets that Mr. Abate may own. Learn More about Victor Abate's net worth.

How do I contact Victor Abate?

The corporate mailing address for Mr. Abate and other GE Vernova executives is , , . GE Vernova can also be reached via phone at 617-674-7555 and via email at [email protected]. Learn More on Victor Abate's contact information.

Has Victor Abate been buying or selling shares of GE Vernova?

Over the course of the past ninety days, Victor Abate has sold $4,568,797.52 in shares of GE Vernova stock. Most recently, Victor Abate sold 4,819 shares of the business's stock in a transaction on Monday, June 1st. The shares were sold at an average price of $948.08, for a transaction totalling $4,568,797.52. Following the completion of the sale, the chief executive officer now directly owns 1,835 shares of the company's stock, valued at $1,739,726.80. Learn More on Victor Abate's trading history.

Who are GE Vernova's active insiders?

GE Vernova's insider roster includes Victor Abate (Chief Executive Officer, Wind), and Kenneth Parks (Chief Financial Officer). Learn More on GE Vernova's active insiders.

Are insiders buying or selling shares of GE Vernova?

In the last year, insiders at the sold shares 3 times. They sold a total of 10,452 shares worth more than $9,085,654.49. The most recent insider tranaction occured on June, 1st when CEO Victor Abate sold 4,819 shares worth more than $4,568,797.52. Insiders at GE Vernova own 0.2% of the company. Learn More about insider trades at GE Vernova.

Information on this page was last updated on 6/1/2026.

Victor Abate Insider Trading History at GE Vernova

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/1/2026Sell4,819$948.08$4,568,797.521,835View SEC Filing Icon  
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Victor Abate Buying and Selling Activity at GE Vernova

This chart shows Victor Abate's buying and selling at GE Vernova by year and by quarter.

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GE Vernova Company Overview

GE Vernova logo
GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions. The company was incorporated in 2023 and is based in Cambridge, Massachusetts.
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Today's Range

Now: $959.30
Low: $956.59
High: $992.00

50 Day Range

MA: $1,002.41
Low: $816.15
High: $1,151.01

2 Week Range

Now: $959.30
Low: $458.65
High: $1,181.95

Volume

2,071,766 shs

Average Volume

2,272,536 shs

Market Capitalization

$257.78 billion

P/E Ratio

27.94

Dividend Yield

0.21%

Beta

1.23