GE Ecomagination loses its head

September 23, 2010, 4:53 PM UTC has learned that Steve Fludder is leaving GE Ecomagination, the $18 billion platform through which GE has focused on the “innovation and growth of profitable environmental solutions.”

A firm spokeswoman confirmed the news via email, saying: “After 26 years with GE, Steve Fludder has decided to seek new challenges outside the company. We wish him well. We will be announcing his successor soon.”

Fludder began his GE career as a design engineer in the company’s aircraft division, and later moved to Asia as part of several start-up efforts like GE Aircraft Engine’s Marine & Industrial business in Hong Kong. He would later lead GE Energy China, before being named vice president of sales for GE Water & Process Technologies. Fludder was put in charge of GE Ecomagination in 2008.

GE  invested $1.5 billion on Ecomagination R&D last year, and has committed to invest an additional $10 billion by 2015.