GE executive says no intent to split off healthcare businesses

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General Electric Co has no intent to split off any significant parts of its healthcare business, GE’s head of the unit said on Wednesday, and that “all aspects” of the $18 billion division are part of the company’s portfolio.

Some analysts and investors over time have raised questions about how smoothly GE’s healthcare business fits with the rest of the industrial conglomerate and whether some parts could generate more value if divested.

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About Peter Coffaro 1426 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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