James P. Campbell

GE announced Tuesday that James P. Campbell will retire as president and CEO of GE Appliances, effective Dec. 31. The retirement will end Campbell's 30-year tenure with the company.

General Electric Co.'s James P. Campbell, who presided over a $1 billion investment and the first new product line to come out of the appliance unit's headquarters in Louisville, Kentucky, in half a century, is retiring.

Campbell, 54, is stepping down after three decades at the company, including 11 years overseeing appliances, Fairfield, Connecticut-based GE said today in a statement. Charles Blankenship, known as Chip, will succeed Campbell as chief executive officer of the appliances unit on Dec. 31. Blankenship currently runs the commercial

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