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Jeff Immelt, chairman and CEO of GE, announced yesterday that John Flannery was appointed as president and CEO of GE Healthcare. Flannery will be replacing John Dineen, who will be leaving GE to pursue new leadership opportunities, and it will be effective immediately.
"I'm honored to join GE's Healthcare team," Flannery wrote to DOTmed News. Throughout my twenty-seven years in the Company, I have always been impressed by the quality and passion of the GE Healthcare people with whom I have worked. I'm looking forward to meeting with our customers and working with them to develop solutions that address today's healthcare challenges."
He was formerly the senior vice president of business development for GE. He spent the last year leading the business development activity when GE bought Alstom's energy and transmission businesses, during the spinoff of Retail Finance and when GE sold its Appliances sector. Before he held that position, he was the president and CEO of GE India and a senior leader at GE Capital.
He gained a lot of experience with GE's health care business when he sat on the Wipro GE board of directors for three years. He also worked closely with GE's merger and acquisition strategy for the past two years, especially in their Healthcare IT and Life Sciences divisions.
"With 27 years of experience across GE corporate, GGO and Capital, John has a track record of growing businesses with a special emphasis on global expansion," Immelt said in a statement. "He has a deep understanding of GE's industrial businesses and strategy. He's the right person to lead the next chapter at GE Healthcare."
Dineen spent a total of 28 years at GE, holding senior positions in GE Industrial Systems, Plastics, and Transportation, and seven years as president and CEO of the health care segment.
"John has been a highly respected and influential leader in our company for many years," Immelt said in a statement. "John successfully led GE Healthcare during a period of growth, portfolio diversification and market volatility. Thanks to his leadership, the business today is a global leader with a strong brand and great technology."
