By Chelsey Dulaney
The General Electric Co. executive who announced his departure
from the company earlier this month has taken a job at
private-equity firm Clayton, Dubilier & Rice.
The appointment of John Dineen, who left his post as chief
executive of GE Healthcare to pursue new opportunities, is the
latest in a string of brand-name chief executives to join Clayton
Dubilier's payroll.
Former GE CEO John F. Welch Jr., former Aetna Inc. CEO Ronald A.
Williams and former PepsiCo Inc. president John C. Compton all
serve as advisers to the firm.
At Clayton Dubilier, Mr. Dineen will be an operating adviser
focused on health-care investments--an area that CD&R has grown
in recent years. The appointment will go into effect early next
year.
The company's health-care investments include AssuraMed, a
specialty medical product supplier, and Envision Healthcare, a
medical-services company.
Write to Chelsey Dulaney at Chelsey.Dulaney@wsj.com
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