Key facts
- GE HealthCare CFO Jay Saccaro is stepping down to pursue an opportunity outside the medical technology industry.
GE HealthCare announced that Chief Financial Officer Jay Saccaro will resign to pursue an opportunity outside the medical technology industry. The company also reported preliminary second-quarter results, expecting revenue to increase 5.7% year-over-year and reaffirming its full-year forecast.

The departure of a Chief Financial Officer can signal shifts in a company's financial strategy or stability, while preliminary results provide an early look at performance and future outlook, impacting investor sentiment.
GE HealthCare announced that Chief Financial Officer Jay Saccaro will resign from his position to pursue an opportunity outside the medical technology industry. The company has named George Newcomb, its current controller and chief accounting officer, as interim CFO while it conducts a search for a permanent replacement. Saccaro is expected to remain with the company until August 14 to ensure a smooth handover of responsibilities.
In addition to the leadership change, GE HealthCare reported preliminary results for the second quarter of 2026. The company anticipates total revenue of $5,295 million for the three months ended June 30, 2026, representing a 5.7% increase from the previous year. On an organic basis, revenue is expected to grow by 3.5%. The company also reaffirmed its full-year 2026 financial guidance, indicating confidence in its business momentum.