Flannery named CEO of GE

John Flannery, the president and CEO of GE Healthcare, has been named the CEO of GE effective Aug. 1, 2017, taking over for Jeff Immelt, who ran the company for 16 years.

06/12/2017


John Flannery, the president and CEO of GE Healthcare, has been named the CEO of GE effective Aug. 1, 2017, taking over for Jeff Immelt, who ran the company for 16 years. Courtesy: GEGE (NYSE: GE) announced that John Flannery, current president and CEO of GE Healthcare, has been named CEO of the company by the GE Board of Directors effective Aug. 1, 2017 and Chairman and CEO effective January 1, 2018.

Flannery began his career at GE Capital in 1987 where he focused on evaluating risk for leveraged buy-outs. In 1997, he moved to Argentina where he led GE's Equity business in Latin America and the overall GE Capital business for Argentina and Chile. In 2002, Mr. Flannery became the president and CEO of GE Equity. In 2005, he moved to Asia where he was responsible for the Asia Pacific region for GE Capital. In 2009, he moved to India to lead the country for GE. During his time in India, Mr. Flannery upgraded the leadership team, built the culture and focused on the industrial side of the business, where he increased industrial sales by 50 percent in 2011.

In 2013, he was tapped to lead business development at GE Corporate where he focused on capital allocation for the company and led the acquisition of Alstom, the largest industrial acquisition in the company's history.

Since joining GE Healthcare in 2014, Flannery has worked on expanding the division with a focus on technology leadership in core imaging, created digital platforms and solutions, expanded life sciences through bioprocess solutions, and added key technology to its cell therapy systems business. He also launched Sustainable Healthcare Solutions, which is focused on bringing disruptive technologies to healthcare providers across emerging markets.

Immelt, who was named CEO in 2001, changed the company into a digital industrial portfolio aligned to key markets-power, aviation, transportation, healthcare, and oil and gas. He will retire from the company on Dec. 31, 2017. 

General Electric (GE)

www.ge.com 

- Edited from a GE press release by CFE Media. See more Control Engineering energy and power stories.



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