Daily News: October 17, 2014

Long-time GE Exec John Dineen Named CD&R Advisor

Clayton, Dubilier & Rice (CD&R) appointed John Dineen as an operating advisor to CD&R’s funds, effective early next year, to focus primarily on healthcare-related investments, from sourcing new transactions to advising portfolio company executives on management, operational and growth strategies.

Dineen is a 28-year veteran of General Electric. Most recently, he served as CEO of GE Healthcare. He joined GE in 1986 as a telecommunications engineer in Rockville, MA. Since then, he has held a variety of leadership positions at GE, both in the U.S. and worldwide, including general manager of GE’s Power Equipment, Meter, Microwave and Air-conditioning businesses; and president of GE Plastic’s Asian Operations and GE Plastics World-wide. He also served in various assignments in Corporate Finance including manager of finance for GE Asia in Hong Kong. Before leading GE Healthcare, Dineen was the president and CEO of GE Transportation.

“John’s leadership experience and proven value creation abilities bring additional depth to our healthcare sector expertise,” said Richard J. Schnall, CD&R partner. “We look forward to working with John to identify and make compelling new investments and his guidance with respect to our existing healthcare-related portfolio businesses.”