General Electric names Kieran Murphy as CEO of GE Healthcare
GE Chairman and CEO Jeff Immelt announced the appointment of Kieran Murphy as president and CEO of GE Healthcare, effective immediately. Murphy is currently president and CEO of GE Healthcare Life Sciences. Murphy succeeds John Flannery who has been appointed CEO and chairman elect of GE. Murphy was appointed CEO of GE Healthcare Life Sciences in September 2011. Since then, he has overseen significant revenue growth and geographic expansion of the molecular medicine business, which now accounts for more than $4B in annual sales with 11,000 employees in more than 100 countries. GE Healthcare Life Sciences provides a broad range of industry-leading technologies and services for drug discovery, pre-clinical and clinical development and biopharmaceutical manufacturing, as well as molecular tools for diagnostics, therapy selection and treatment monitoring in patient care. The business is a leader in organic growth, margins and cash generation.