John L. Flannery
John L. Flannery | |
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Born | 1962 (age 61–62) |
Alma mater | Fairfield University (BA) University of Pennsylvania (MBA) |
Occupation | Business executive |
Years active | 1987–2018[1] |
Title | CEO and Chairman, General Electric |
Term | 2017-2018 |
John L. Flannery (born 1962) is an American business executive. He succeeded Jeff Immelt as the eleventh CEO and tenth chairman of General Electric, and was CEO from August 2017 until October 2018.[2][3][4] Prior to ascending to the CEO role, Flannery held leadership roles inside GE for nearly 30 years, heading GE Healthcare, GE India and other business units.
Early life and education
John L. Flannery was born in 1962
Career
Flannery began his career at GE in 1987. He spent over 20 years at GE Capital holding various leadership roles in the United States, Latin America, and Asia. He was named a company officer in 2005.[11]
In 2009, he was appointed president and CEO of GE India, and in 2013, head of Business Development for all of GE. Flannery helped oversee changes in the portfolio, including acquisitions and divestitures in financial services and industry.[12]
Before his appointment as CEO of
Flannery was named CEO and Chairman of GE in August 2017.[3] On October 1, 2018, he was unanimously voted out by the Board of Directors, "effective immediately" and replaced by board member and former longtime Danaher Corp. CEO, H. Lawrence Culp, Jr.[14][15] Flannery was GE's eleventh CEO and the company's tenth chairman.[12]
Flannery was named the new Advisory Director of Charlesbank Capital Partners, LLC on July 15, 2019. He will work on evaluating new investment opportunities as well as growing equity value in the Charlesbank portfolio.[16]
Personal life
Based in
References
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- ^ Boston Herald, October 1, 2018
- ^ a b Lohr, Steve (November 13, 2017). "G.E. Rolls Back the Breadth of Its Ambitions". The New York Times. New York City, New York, United States. Retrieved January 14, 2018.
- ^ "Press Release - H. LAWRENCE CULP, JR. NAMED CHAIRMAN AND CEO OF GE". General Electric. October 1, 2018. Retrieved October 1, 2018.
- Wall Street Journal. New York City, United States. Retrieved June 13, 2017.
- ^ Wall Street Journal. New York City, United States. Retrieved June 13, 2017.
- ^ "Northwest Catholic High School Talkes About Alum John Flannery". SFGate. Retrieved June 13, 2017.
- ^ Rondinone, Nicholas (June 12, 2017). "GE's Immelt Stepping Down, Flannery To Take Over As CEO". Hartford Courant. Hartford, Connecticut. Retrieved June 13, 2017.
- ^ "BloombergBusiness Executive Profile: John L. Flannery". bloomberg.com. BloombergBusiness. Retrieved June 13, 2017.
- ^ a b c Smyth, Sean; Ellement, John R. (2017-06-12). "Meet John Flannery, GE's new chief executive". The Boston Globe. Retrieved 2017-06-12.
- ^ "John Flannery Ready To Reinvent GE". ChiefExecutive.net. 2018-07-16. Retrieved 2018-07-24.
- ^ a b "John L. Flannery". www.ge.com. Retrieved 2018-07-24.
- ^ "John L. Flannery". www.ge.com. Retrieved 2019-08-21.
- Boston GlobeRetrieved November 12, 2017. (Paywall.)
- ^ "John Flannery ousted at GE after less than 2 years". Retrieved 2018-10-03.
- ^ "John Flannery". Charlesbank. Retrieved 2020-04-17.
- ^ Smyth, Sean (2017-06-12). "General Electric CEO Jeff Immelt is stepping down". The Boston Globe. Retrieved 2017-06-12.