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GE HealthCare has announced that William (Bill) Grogan will join the company as Chief Financial Officer, effective September 14, 2026. Grogan will succeed Jay Saccaro, who, as previously announced, stepped down to pursue an expanded role outside the medical technology industry. George Newcomb, currently serving as interim Chief Financial Officer, will remain in his positions as Controller and Chief Accounting Officer.

Grogan joins GE HealthCare from Xylem Inc., a leading global water solutions company generating approximately $9 billion in revenue, where he has served as executive vice president and chief financial officer since 2023. During his tenure at Xylem, he worked closely with the leadership team to implement a strategy focused on outperforming market growth, expanding margins and streamlining operations to support investment in innovation and higher-growth digital and services offerings. He also led the successful integration of a $7.5 billion acquisition, achieving cost synergies ahead of schedule, while advancing portfolio optimization and enhancing capital deployment across the business.

Before joining Xylem, Grogan spent more than 10 years at IDEX Corporation, a diversified global engineered products company providing mission-critical solutions. He served as the company’s senior vice president and chief financial officer from 2017 to 2023. In that role, he helped reposition IDEX’s portfolio toward higher-growth markets, contributing to more than a doubling of the company’s market capitalization while maintaining consistent margin expansion and disciplined capital allocation. Earlier in his career, Grogan held finance leadership roles at Walgreens, Crane Co. and Sears Holdings Corp.

“I am excited that Bill will serve as our CFO and help lead our next chapter of growth,” said Peter Arduini, President and CEO, GE HealthCare. “He combines strong financial leadership with an operator’s mindset, grounded in lean business systems and a clear focus on execution. Bill’s capabilities will augment our strong leadership team as we advance our precision care strategy and create long-term value for our colleagues, patients, customers, and shareholders.”

“GE HealthCare’s purpose of creating a world where healthcare has no limits, its commitment to patients, and the opportunity created by this new wave of innovation drew me to the company,” said Grogan. “I am excited to partner with Peter and the leadership team, spend time with our customers, and lead a finance organization that helps turn innovation into profitable growth and long-term value creation.”

In addition to his executive responsibilities, Grogan serves on the Board of Directors and Audit Committee of Crane NXT, as well as the Advisory Council for the Girard School of Business at Merrimack College. He holds a Master of Business Administration from Northwestern University’s Kellogg School of Management and a bachelor’s degree in finance from Merrimack College.

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