Waukesha, Wis. - GE Healthcare has announced an important leadership change for the world's leading diagnostic healthcare company. Mark Vachon has been promoted to the position of President and CEO of the company's Diagnostic Imaging business, based in Waukesha, Wisconsin. Vachon replaces Reinaldo Garcia, who has been named President and CEO of GE Healthcare - International. Based in Buc, France, Garcia will drive expansion plans in Europe, Middle East and Asia Growth Markets.

"Mark brings a unique blend of proven business skills and a combination of commercial and financial management experience to his new role," said Joe Hogan, president and CEO of GE Healthcare. "Mark will continue to accelerate the growth of our DI business, while building on the foundation of quality products and customer focus."

"GE Healthcare is positioned for tremendous growth in the years ahead," said Vachon. "This year GE's Diagnostic Imaging business will be introducing breakthrough technologies that will enable an 'early health' model of care in the future, focused on earlier diagnosis, pre-symptomatic disease detection and disease prevention. I look forward to better serving our customers and achieving our growth goals, delivering on the promise of one GE Healthcare."
Just last week, Vachon was presented with GE's annual Chairman Leadership Award from Chairman and CEO Jeff Immelt at the company's Global Leadership Meeting in Boca Raton, Florida. The award recognized Vachon as a key company leader who has demonstrated extraordinary leadership, courage and performance in the past year. Vachon will donate the $25,000 award to the Milwaukee-based Vince Lombardi Charitable Fund to help fight cancer.

Vachon is a career veteran of GE and a GE Officer with a variety of commercial, marketing and financial experience. Vachon spent a number of years within the company's Appliances business, as General Manager - Retail Sales and Market Development and General Manager - Consumer Satisfaction. In April of 1998 Vachon was promoted to Vice President of Investor Relations with GE Corporate, working for the then GE Chairman and CEO Jack Welch. In January 2002 he was appointed Executive Vice President and Chief Financial Officer of NBC. In July 2003, he was appointed Executive Vice President and Chief Financial Officer at GE Healthcare. Vachon resides in the Waukesha, Wisconsin area with his wife Karen and their two children.

About GE Healthcare
GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Our expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, performance improvement, drug discovery, and biopharmaceutical manufacturing technologies is helping clinicians around the world re-imagine new ways to predict, diagnose, inform and treat disease, so their patients can live their lives to the fullest.

GE Healthcare's broad range of products and services enable healthcare providers to better diagnose and treat cancer, heart disease, neurological diseases, and other conditions earlier. Our vision for the future is to enable a new "early health" model of care focused on earlier diagnosis, pre-symptomatic disease detection and disease prevention. Headquartered in the United Kingdom, GE Healthcare is a $15 billion unit of General Electric Company (NYSE: GE). Worldwide, GE Healthcare employs more than 43,000 people committed to serving healthcare professionals and their patients in more than 100 countries. For more information about GE Healthcare, visit our website at www.gehealthcare.com.

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