Born in 1962 John L. Flannery is an American business executive. He is currently CEO and President of General Electric, appointed in August 2017. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay John L. Flannery was born in 1962 in Alexandria, Virginia. He completed his undergraduate degree at Northwest Catholic High School in 1979. Flannery later earned a bachelor's degree in finance from Fairfield University's Dolan School of Business in 1983. He later attended business school at the University of Pennsylvania, where he earned a the bachelor's degree. an MBA from the Wharton School of Business in 1987. Flannery is married and has three children. John Flannery is president and CEO of GE. He is GE's 11th CEO and the company's 10th president. He led the turnaround of GE Healthcare, establishing technology leadership in core imaging, building digital platforms and solutions, and expanding its life sciences and cell therapy systems businesses prior to his appointment as CEO. It has also launched extensive solutions in sustainable healthcare, bringing disruptive technologies to healthcare providers in emerging markets. Starting his career at GE in 1987, he spent more than 20 years at GE Capital in various leadership roles across the United States, Latin America and Asia. . He was appointed 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 a major portfolio transformation, including significant acquisitions and divestitures in GE's financial services and industrial portfolios. On his first day as GE's new CEO, John Flannery sent an internal letter to the company's 300,000 employees to make sure the guidance was clear. “I focus relentlessly on three things,” Flannery said in the letter. These three things are: “Customers, Team and Execution/Accountability”. Flannery said every employee should focus on the customer as a “guiding principle.” He said a great team is one that embraces transparency and candor. And finally, Flannery said he has met with 100 investors who expect “better execution in terms of liquidity, margins and… costs.” Flannery understands an essential rule of business communication: People can only carry about three or four key messages in short-term memory. Offering too many actions at once will result in what researchers call “cognitive backlog.” Flannery is a fan of the rule of three. At a 2015 conference, Flannery, then CEO of GE Healthcare, took the stage and said, "I can talk about a number of different things, but I would say there are three key things that keep coming back to me from my customers. interactions... passion, speed of change and trusted partners. "In the press conference where Flannery was appointed as the new CEO to replace Jeffery Immelt, he was asked to speak for a few minutes. Flannery stood and spoke briefly about the "three reasons" he felt honored to accept the job: Humbled to follow in Immelt's footsteps. Humbled to lead a company that has transformed lives around the world. Humbled and proud to have worked for the company for thirty years. Flannery is a skilled communicator. Additionally, to help finance the company's makeover, GE announced it would cut its dividend, only the second time since the Great Depression. The quarterly payout will be halved, to 12 cents per share. Flannery, following his refocused strategy to build GE,.”