GE names top M&A exec as new healthcare head
John Flannery, 53, was appointed president and Chief Executive Officer of GE Healthcare, effective immediately. The U.S. conglomerate posted $18 billion in revenue last year for the healthcare segment, making it GE's third-largest industrial business.
Flannery most recently was senior vice president of business development for GE, which recently included a key role in GE's $16.9 billion purchase of the power assets of France's Alstom . Previously, Flannery served as president and CEO of GE India and a senior leader at GE Capital.
Flannery replaces John Dineen, 51, a 28-year company veteran who GE said has decided to look at leadership opportunities outside the company.
(Reporting by Lewis Krauskopf; Editing by Nick Zieminski)