GE Healthcare moving to Chicago from U.K.

geChicago is picking up another corporate headquarters — a good one.

Officials are announcing today that GE Healthcare, a division of the Fairfield, Conn.-based multinational that is in the process of reorganizing itself, will be moving to Chicago from Amersham, near London.

I understand that about 200 jobs are involved with the move of the $18 billion-a-year company, which is the only major subsidiary whose headquarters is located overseas. The company, however says the figure won’t be 200 but something smaller than that, at least initially, but it will comprise the “executive leadership team,” including the CEO and CFO, and may grow over time.

GE Healthcare has deep roots in Chicago and significant operations here and in the Milwaukee area. The original parent company was founded in Chicago in the early part of the last century as a manufacturer of X-ray equipment, eventually moving to Milwaukee because of good access to glassblowers in the beer business.


About Peter Coffaro 1134 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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