John L. Flannery (born 1962) is an American business executive. He succeeded Jeff Immelt as the eleventh CEO and tenth chairman of

General Electric General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston. Over the year ...

, and was CEO from August 2017 until October 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.

Early life and education

John L. Flannery was born in 1962 in

Alexandria, Virginia Alexandria is an independent city (United States), independent city in Northern Virginia, United States. It lies on the western bank of the Potomac River approximately south of Washington, D.C., D.C. The city's population of 159,467 at the 2020 ...

. 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 town is part of the Capitol Planning Region, Connecticut, Capitol Planning Region. The population was 64,083 at the 20 ...

where his father became president of a small bank. He graduated from Northwest Catholic High School in 1979. Flannery received a bachelor's degree in finance from the Fairfield University Dolan School of Business in 1983. Flannery later went to business school at the

University of Pennsylvania The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of f ...

, where he received an

MBA A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular a ...

from the Wharton School of Business in 1987.

Career

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

GE Capital GE Capital was the financial services division of General Electric. Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial. Ultimately, only one div ...

holding various leadership roles in the United States, Latin America, and Asia. 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, 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 became GE's eleventh CEO and the company's tenth chairman. Flannery was named the new advisory director of Charlesbank Capital Partners, LLC in July 2019. He will work on evaluating new investment opportunities as well as growing equity value in the Charlesbank portfolio.

Personal life

Based in

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

as of June 2017, by August he was based in

Boston Boston is the capital and most populous city in the Commonwealth (U.S. state), Commonwealth of Massachusetts in the United States. The city serves as the cultural and Financial centre, financial center of New England, a region of the Northeas ...

. 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, shortstop, and second baseman for the Los Angeles Dodgers of Major League Baseball (MLB). He has previously played in MLB for the Boston Red Sox. ...

. He is an ardent Red Sox 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 alumni Businesspeople from Alexandria, Virginia General Electric chief executive officers