GE Healthcare CEO Kieran Murphy to step down Dec 31; separation agreement through Sep 2023

GENERAL ELECTRIC CO

Kieran P. Murphy will cease as President and CEO of GE Healthcare effective Dec 31, 2021.
He entered a separation agreement with garden leave from Jan 1, 2022 to Sep 30, 2023.
During garden leave, he receives salary, 2021 annual bonus based on GE Healthcare performance, and health/life insurance; no future bonuses or equity awards.
He agreed to release, cooperation, confidentiality, non-compete, and non-solicitation covenants.

item 5.02

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Departed

Kieran P. Murphy

President and Chief Executive Officer of GE Healthcare

GE · GENERAL ELECTRIC CO

Effective: 2021-12-31
Filed: December 22, 2021, 6:59 PM ET

Kieran P. Murphy will no longer serve as President and Chief Executive Officer of GE Healthcare after December 31, 2021.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Kieran P. Murphy departed as President and Chief Executive Officer of GE Healthcare at GENERAL ELECTRIC CO.

Action: will no longer serve
Role: President and Chief Executive Officer of GE Healthcare

Exact text from the filing

Kieran P. Murphy will no longer serve as President and Chief Executive Officer of GE Healthcare after December 31, 2021.

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Source: SEC EDGAR

accession 0001206774-21-002929

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