GE HealthCare CEO Peter Arduini is forging a new chapter while drawing on Jack Welch's legacy | Fortune
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GE HealthCare CEO Peter Arduini is forging a new chapter while drawing on Jack Welch's legacy | Fortune
"On Jan. 4, 2023, GE HealthCare Technologies (No. 219 on the Fortune 500) debuted as a standalone public company on the Nasdaq exchange. 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."
"Going to GE in those days, with its leadership development, you had the opportunity to take on bigger responsibilities at a very young age-I look back and say, probably too young an age. But it was one of those rare companies where they gave you bold assignments and you had this wide diversity of potential opportunities that you could play in."
GE HealthCare Technologies launched as a standalone public company on Jan. 4, 2023, with its stock rising nearly 50% since the debut. The company was the first of three businesses spun out from General Electric, followed by GE Vernova and GE Aerospace going public in April 2024. Peter J. Arduini leads the roughly $20 billion-a-year medical-technology and digital-health company. Arduini joined GE in 1990 from Proctor & Gamble, benefiting from GE’s leadership-development system, early broad responsibilities, bold assignments, and a culture of candor and fairness. He left GE in 2005 and later returned after being headhunted.
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