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John Flannery has been appointed CEO of GE Healthcare, effective immediately, succeeding John Dineen, who is leaving the company, GE chief executive Jeff Immelt announced Monday. The company said that Dineen, who has been at GE for 28 years, including seven years as CEO of GE Healthcare, has decided to "look at new leadership opportunities outside GE."
Immelt noted that Flannery "has a track record of growing businesses with a special emphasis on global expansion," adding that "he's the right person to lead the next chapter at GE Healthcare." Most recently, Flannery was GE's senior vice president of business development, and was previously chief executive of GE India and a senior leader at GE Capital.
The company chief executive remarked that "healthcare remains a core part of the GE portfolio…[and] is an important driver for GE’s strategy in growth markets." Immelt further said that the company "is poised to benefit as healthcare spending continues to grow around the world."
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