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GE GE Aerospace

165.915
1.43 (0.87%)
Last Updated: 14:53:54
Delayed by 15 minutes
Share Name Share Symbol Market Type
GE Aerospace NYSE:GE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.43 0.87% 165.915 166.12 163.25 163.56 474,005 14:53:54

Former GE Healthcare CEO Joins Clayton Dubilier

16/10/2014 5:40pm

Dow Jones News


GE Aerospace (NYSE:GE)
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By Chelsey Dulaney 

The General Electric Co. executive who announced his departure from the company earlier this month has taken a job at private-equity firm Clayton, Dubilier & Rice.

The appointment of John Dineen, who left his post as chief executive of GE Healthcare to pursue new opportunities, is the latest in a string of brand-name chief executives to join Clayton Dubilier's payroll.

Former GE CEO John F. Welch Jr., former Aetna Inc. CEO Ronald A. Williams and former PepsiCo Inc. president John C. Compton all serve as advisers to the firm.

At Clayton Dubilier, Mr. Dineen will be an operating adviser focused on health-care investments--an area that CD&R has grown in recent years. The appointment will go into effect early next year.

The company's health-care investments include AssuraMed, a specialty medical product supplier, and Envision Healthcare, a medical-services company.

Write to Chelsey Dulaney at Chelsey.Dulaney@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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