General Electric today set the first week of 2023 to complete the spinoff of its healthcare unit and named a new board for the planned independent company, Reuters reports.
The new board members of the unit, which will be named GE HealthCare, include its CEO Peter Arduini, as well as executives from Honeywell International Inc(HON.O)and Amazon Web Services.
Including GE CEO Larry Culp as non-executive chairman, the board will have 10 members.
In November last year, the conglomerate outlined a plan to split into three publicly traded companies focused on energy, healthcare and aviation to simplify its business and pare down debt. Read more.
