Well-known medical companies announce changes of president and CEO of international business

　　Pharmaceutical Network Corporate News : On May 6, GE announced its international business and china's new appointment The current President and CEO of international business, Duan Xiaoxuan, has decided to leave the company and start a new chapter in his life, while announcing Nabil Habayeb as the new President and CEO of international business, reporting to Wei Ming as the new PRESIDENT of GE China and reporting to Nabil, an appointment that took effect on June 1
According to the data, in January 2019, GE announced the promotion of Rachel Duan to the position of President and CEO of GE's international business, effective February 1, 19 In her position as President of International Business, Ms Duan is responsible for the development and operation of GE's development strategy in growth markets outside North America and Europe, including innovation, finance and risk management, brand building and maintenance, and talent development
Ms Duan joined GE in 1996, during which time the scope of responsibility continued to expand In July 2014, Ms Duan became President and CEO of GE China and will step down as President of GE Healthcare Group Greater China from July 2019 China has long been an important strategic market for GE, covering industrial verticals such as energy, aviation and healthcare, as well as horizontal functions such as finance, intelligent manufacturing, research and development and digitalization Ms Duan is GE's first president and CEO from China and the first woman to hold the role
It is understood that in ms Duan's nine years at the helm of GE Healthcare China, GE Healthcare's orders in China increased from $900 million to $2.9 billion Its excellent integration and sales capabilities may be why GE promoted him to President of International Business
Announcing the appointment, Larry Karp, GE's chairman and CEO, said: "Rachel has more than 20 years of experience at GE and is a respected business leader with a global perspective and structure both inside and outside the company Over the past few years, Rachel has made outstanding contributions to GE Healthcare and GE's development throughout Greater China Rachel's personal charisma and the perfect balance of GE's business needs and GE's overall interest in the growth market make her the right person to drive GE's global growth position Larry Karp, GE's chairman and CEO, said she helped GE build important partnerships with customers and governments in China and other emerging markets and deepened the localization of the company's business in every step It is reported that at present, China is already GE in addition to the United States outside the vast single market
GE's revenue has been on a downward trend over the past two years GE's 2019 full-year results and first-quarter results show edgy 2019 revenue of $95.215 billion, down 21.7 percent from a year earlier In 2019, industrial free cash flow was $2.322 billion, down 47% year-on-year But healthcare performed well, with undelivered orders valued at $18.5 billion and division margins of 19.5 per cent In a separate quarter, orders totaled $19.5 billion, down 5 percent from a year earlier, and total operating income was $20.524 billion, down 8 percent GE said it expected its results to continue to decline in the second quarter
Nabil Habayeb, the new president of international operations, and Xiang Weiming, the new president of GE China, are also longtime veterans of the service company Nabil has been with GE for 37 years and is currently PRESIDENT and CEO of GE Middle East, where he has held various business and regional leadership positions in Europe, the Middle East and Africa
Mr Xiang also spent 28 years at GE, initially focusing on engine sales and marketmaintenance in the Chinese market, and was named GE's Global Vice President and President of Aviation Group Greater China in 2014 After his promotion to President of China, Mr Xiang will remain in his former role in the aviation business
On the ge personnel changes will bring to the company after what impact, Duan Xiaoxuan left after leaving where will go, the author will continue to pay attention to.