GE aims for early January spinoff for health care company

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GE annnounced it aims to complete the spinoff of its health care unit in early January and tapped the planned independent company's board of directors.

GE named eight new members who are expected to join GE HealthCare's board, on top of Peter Arduini, who is set to serve as president and CEO of GE HealthCare, and GE CEO H. Lawrence Culp Jr., set to serve as non-executive chairman. are Providence CEO Dr. Rodney Hochman; Booz Allen CFO Lloyd Howell Jr.; former Robert Wood Johnson Foundation CEO Dr. Risa Lavizzo-Mourey; former HP Inc.

Rowe Price Group director William Stromberg, and former Amazon Web Services, Healthcare, general manager Phoebe Yang."The group we are assembling brings a strong understanding of the safety, quality, innovation, and trust that our customers expect from GE, as well as fresh thinking for our journey forward," Arduini said in a statement. "We’re excited to launchGeneral Electric Co.

 

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