General Electric Chairman and CEO Jeff Immelt announced on July 17 the appointment of John Dineen as president and CEO of GE Healthcare, a $17 billion global division of GE.

Dineen, 45, is a 22-year GE veteran. In 2005, he became president and chief executive officer of GE Transportation, a $4.5 billion global leader in the rail, mining, marine, drilling and wind industries. In his new position, Dineen will be located in London, where GE Healthcare is headquartered.

Dineen has indicated that expanding GE Healthcare's operations and sales outside the U.S. will be a focus of his global business strategy.

"Everyone talks about the U.S. industry. I'm just as interested to see where we can find opportunities in high-growth regions of world, such as China, India and Russia, and all of those markets," said Dineen. "Those represent great growth opportunities."

"John Dineen is a talented global leader who has consistently delivered double-digit growth by globalizing our Transportation business and diversifying its high-tech portfolio," Immelt said. "John has developed broad operations expertise across a range of industries for two decades. His sharp customer focus combined with the talented team at Healthcare will help the business continue to grow around the world."

Dineen is a graduate of the University of Vermont where he earned bachelor's degrees in biology, with a concentration on genetics, and computer science.

Dineen succeeds Joseph Hogan, who has taken a position outside the company as CEO of ABB. Hogan joined GE in 1985.

"Joe is a widely respected and admired GE leader and has made great contributions to our Healthcare business," Immelt said. "During Joe's tenure, the business has expanded its product portfolio and global reach, and the business has more than doubled its revenues. All of his colleagues at GE wish him well in his new position."