Service Magazine Fall 2017

10 | @Service Magazine Summer 2017 Earlier this year, John Flannery , previously president and CEO of GE Healthcare, was named CEO of GE effective August 1, 2017. Jeff Immelt , Chairman and CEO, will remain Chairman of the Board through his retirement from the company on December 31, 2017. Flannery will be GE Chairman and CEO effective January 1, 2018. “John is the right person to lead GE today,” said Immelt. “He has broad experience across multiple businesses, cycles and geographies. He has a track record of success and led one of our most essential businesses. Most important are his strong leadership traits – good judgment, resilience, a learner, team builder, and a tough-minded individual and competitor. He will be trusted by investors, our customers and the GE team.” “During this time of dynamic global markets and relentless focus on technology and operational excellence, there is no better person to lead GE than John Flannery,” said Jack Brennan , lead independent director of GE’s Board of Directors. “He brings unique experience and a strong skill set to the job.” In addition to Flannery’s appointment, GE CFO Jeff Bornstein has been promoted to vice chair of GE, and GE President and CEO of GE Healthcare Life Sciences Kieran Murphy has been promoted to president and CEO of GE Healthcare. Service team, I am proud and humbled to be leading such an incredible business. We do amazing things. I love this business and our people. Every day I am privileged and inspired to hear story after story of how we’re improving lives in moments that matter. From our equipment helping treat a young patient suffering from a brain aneurysm, to our technology helping doctors detect heart complications remotely within minutes, to supporting the development of biological therapies in laboratories: we matter. We can never underestimate the impact we all have on the lives of so many people, often at critical times. Nowhere is this more evident than in our Service business… with you and the work you do every day to ensure our customers can focus on what really matters: taking care of their patients. This is only possible through teamwork, and your passion and commitment to doing what it takes to help our customers. Our business is successful because of you. Thank you! I couldn’t be more excited to lead GE Healthcare. It is a time of great change in our industry and we are well-positioned to rise to the challenges. Know that you are vital to our future. Thanks for everything you do! Kieran John Flannery Named Chairman and CEO of GE Message from Kieran Murphy President and CEO, GE Healthcare GE Healthcare