John L. Flannery is a well-known American corporate executive who succeeded Jeff Immelt as CEO and Chairman of General Electric (GE). John was the organization’s CEO from August 2017 to October 2018.
What is the Net Worth of John L. Flannery? Salary, Earnings
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As of March 2023, John L. Flannery’s net worth is predicted to be $60 million. This is owing to his fortunes from many years of working at General Electric, beginning in 1987 when he joined the business.
He held numerous leadership positions at the business during his tenure, the most senior of which was Chairman and CEO of GE. At GE, his annual pay was reported to be approximately $2 million.
John L. Flannery has been with General Electric for almost 30 years and is one of the company’s longest-serving workers. His experience and devotion to the company catapulted him to the top of the corporate ladder, where he eventually became Chairman and CEO. He has had various triumphs, which have made him well-known.
Where was John L. Flannery born? Ethnicity, Nationality, Family, Education
In 1962, John L. Flannery was born in Alexandria, Virginia, in the United States. His exact birth dates are unknown; all that is known is his birth year. John is the son of a financial officer with the FDIC Corporation.
They were raised in Alexandria with his two older sisters until 1971, when they relocated to West Hartford, Connecticut. After moving to Connecticut, his father became the president of a small bank.
In 1979, Flannery graduated from Northwest Catholic High School. Later, he completed his education by enrolling in the Fairfield University Dolan School of Business, where he earned a Bachelor of Science in finance in 1983. Later, he attended the University of Pennsylvania’s Business School, where he earned an MBA from the Wharton School of Business in 1987.
Is John L. Flannery Single? Relationship
Flannery is a happily married man who identifies as heterosexual. Tracy Flannery, a lovely woman, is his wife. He and his wife have three children, two sons, and one daughter. Matthew Flannery and Tim Flannery are his sons, while Morgan Flannery is his daughter.
How tall is John L. Flannery? Weight, Hair Color
John L. Flannery was born on June 10, 1962, and will be 60 years old in 2022. He stands 1.9 m tall and weighs 92 kg.
How did John L. Flannery start his Professional Career?
After graduating from the University of Pennsylvania, Flannery began his work with General Electric (GE) in 1987. He’d worked for this company for a long time. He has been with the organization for 20 years, serving in a variety of leadership positions throughout Asia, Latin America, and the United States. In 2005, he was appointed as a company officer.
In 2009, John L. Flannery was appointed CEO and President of GE. This was the greatest degree of leadership he had ever received in his GE career, which was an incredible achievement. Since 2013, Flannery has served as GE’s head of Business Development, overseeing portfolio changes such as acquisitions and divestitures in financial services and sectors.
Flannery managed the recovery of GE Healthcare before his appointment as CEO of General Electric, focusing on core imaging, establishing digital platforms and solutions, and expanding the company’s Life Sciences and cell therapy systems businesses. He also established Sustainable Healthcare Solutions, a company that creates technologies for healthcare providers.
CEO H. Lawrence Culp, Jr. Flannery was the eleventh CEO and tenth chairman of the corporation. In August 2017, Flannery was appointed Chairman and CEO of GE. On October 1, 2018, the Board of Directors unanimously voted him out, “effective immediately,” and he was replaced by a board member and former Danaher Corp.
On July 15, 2019, Flannery was appointed as the new Advisory Director of Charlesbank Capital Partners, LLC. He was given the duty of discovering fresh investment options and boosting the equity value of the Charlesbank portfolio.
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