GE HealthCare CEO Peter Arduini is forging a new chapter for the $20 billion-a-year business while drawing on Jack Welch's legacy [Yahoo! Finance]
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Source: Yahoo! Finance
Since then, its stock is up almost 50%. It was the first of three businesses to be spun off in the breakup of General Electric , the conglomerate founded on the inventions of Thomas Edison that went public in 1892 and became one of the original 12 components of the Dow Jones Industrial Average four years later. ( GE Vernova , No. 130, and GE Aerospace , No. 118, each went public on the New York Stock Exchange in April 2024.) GE HealthCare CEO Peter J. Arduini, the man tapped to lead the $20 billion-a-year business, spoke to Fortune about how he's forging a new chapter for the medical technology and digital health company while drawing on GE's legacy. This interview has been edited and condensed for clarity. You were initially at GE during the Jack Welch years, starting in 1990, and left a few years after Jeff Immelt took over. What do you think made GE stand apart? At the time, I was a Proctor & Gamble guy, and I did not love the grocery business. I got a call from someone who
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