GE HealthCare Names Xylem CFO William Grogan as Chief Financial Officer
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GE HealthCare (Nasdaq: GEHC) has appointed William "Bill" Grogan as chief financial officer, effective Sept. 14, 2026, bringing in an experienced finance executive from Xylem as the medical technology company advances its precision care strategy. Grogan succeeds Jay Saccaro, who previously announced his departure to take an expanded role outside the medical technology industry. George Newcomb, currently serving as interim CFO, will continue as GE HealthCare's controller and chief accounting officer. Grogan joins GE HealthCare from Xylem Inc., a global water solutions company with approximately $9 billion in revenue, where he has served as executive vice president and CFO since 2023. During his tenure at Xylem, Grogan worked with the company's leadership team on a strategy focused on accelerating growth, expanding margins and simplifying operations. Those efforts helped direct investment toward innovation as well as higher-growth digital and services businesses. He also helped oversee the integration of a $7.5 billion acquisition, with Xylem delivering cost synergies ahead of schedule. His responsibilities included portfolio optimization and capital deployment across the company. "I am excited that Bill will serve as our CFO and help lead our next chapter of growth," GE HealthCare President and CEO Peter Arduini said. "He combines strong financial leadership with an...
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