John L. Flannery (born 1962) is an American business executive. He succeeded

Jeff Immelt Jeffrey Robert Immelt (born February 19, 1956) is an American business executive currently working as a venture partner at New Enterprise Associates. He previously served as the CEO of General Electric from 2001 to 2017, and the CEO of GE's Medi ...

as the eleventh CEO and tenth Chairman of

General Electric General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable en ...

, serving as CEO from August 2017 until October 1, 2018. 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 throughout his career.

Early life and education

John L. Flannery was born in 1962 in

Alexandria, Virginia Alexandria is an independent city in the northern region of the Commonwealth of Virginia, United States. It lies on the western bank of the Potomac River approximately south of downtown Washington, D.C. In 2020, the population was 159,467. ...

. The son of a banking executive at FDIC Corporation, he and his two older sisters lived in Alexandria until 1971, when they moved to

West Hartford, Connecticut West Hartford is a town in Hartford County, Connecticut, United States, west of downtown Hartford, Connecticut, Hartford. The population was 64,083 at the 2020 United States Census, 2020 census. The town's popular downtown area is colloquially ...

where his father became president of a small bank. He graduated from

Northwest Catholic High School Northwest Catholic High School (NWC) is a private, Roman Catholic, co-educational high school in West Hartford, Connecticut, United States. It was established in 1961 and is located in the Roman Catholic Archdiocese of Hartford. Notable alumni ...

in 1979. Flannery received a bachelor's degree in finance from the

Fairfield University Dolan School of Business Fairfield University is a private Jesuit university in Fairfield, Connecticut. It was founded by the Jesuits in 1942. In 2017, the university had about 4,100 full-time undergraduate students and 1,100 graduate students, including full-tim ...

in 1983. Flannery later went to business school at the

University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universitie ...

, where he received an

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

from the

Wharton School of Business The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in ...

in 1987.

Career

Flannery began his career at GE in 1987. He spent over 20 years at

GE Capital GE Capital is the financial services division of General Electric. The company currently only runs one division, GE Energy Financial Services. It had provided additional services in the past; however, those units were sold between 2013 and 2018. ...

holding various leadership roles in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...

Latin America Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived f ...

, and

Asia Asia (, ) is one of the world's most notable geographical regions, which is either considered a continent in its own right or a subcontinent of Eurasia, which shares the continental landmass of Afro-Eurasia with Africa. Asia covers an are ...

. He was named a company officer in 2005. 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. Before his appointment as CEO of

, Flannery led the turnaround of

GE Healthcare GE HealthCare is a subsidiary of American multinational conglomerate General Electric incorporated in New York and headquartered in Chicago, Illinois. As of 2017, it is a manufacturer and distributor of diagnostic imaging agents and radiopharma ...

, focusing on core imaging, creating digital platforms and solutions, and expanding its Life Sciences and cell therapy systems businesses. He also launched Sustainable Healthcare Solutions, which develops technology for healthcare providers. Flannery was named CEO and Chairman of GE in August 2017. 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. Flannery was GE's eleventh CEO and the company's tenth chairman. 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.

Personal life

Based in

Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

as of June 2017, by August he was based instead in

Boston Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...

. Flannery is married, with three children and a dog named after

Mookie Betts Markus Lynn "Mookie" Betts (born October 7, 1992) is an American professional baseball outfielder for the Los Angeles Dodgers of Major League Baseball (MLB). He previously played for the Boston Red Sox. In 2018, while with the Red Sox, he became ...

. He is an ardent

Red Sox The Boston Red Sox are an American professional baseball team based in Boston. The Red Sox compete in Major League Baseball (MLB) as a member club of the American League (AL) East division. Founded in as one of the American League's eight ...

fan, and his hobbies include reading, golf, and music.

References

External links

Profile at GE
{{DEFAULTSORT:Flannery, John Living people 1962 births American chief executives of Fortune 500 companies General Electric people Fairfield University alumni Fairfield University Dolan School of Business alumni Wharton School of the University of Pennsylvania alumni People from Alexandria, Virginia General Electric chief executive officers