Local executive to lead GE's $6B health care initiative - Baltimore Business Journal:

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Barber was named head of a GE program focused on improvin g health care for more people at reduced by GE chairman and CEOJeffrey Immelt. Barber, 48, is a 27-yeae veteran of GE and since 2005 has served as chief technolog y officer forGE Healthcare. He joined GE in 1982 and has held a varietu of roles of increasingb responsibility withinGE Healthcare. In Barber was general manager for Components and from 2002 to 2005 he was the general managedr for Global Components Operations for GE which has significant operationsin Milwaukee, Wauwatoswa and Waukesha.
Barber was a 1994 winner of TheBusiness Journal's Forty Under 40 award, whicj recognizes young Milwaukee-area executives making a differenced in their professions and community. "Over the last four Mike has led all aspects of product developmenty for advanced healthcare technologies," Immelt said. "Mike know how our technology canhelp patients, he knowss what doctors, clinics and hospitales need to improve care and cut costs and he knowsd how to lead teams. With his deep experience in engineerintg and technology and his stronb operationsand process-driven Mike is the right leade r to lead healthymagination and to grow our health care partnershipes globally.
" that can be offered in ruralo and underserved regions of the world, wherse quality health care can be difficult to It is also designed to reduce the company's own healthh care costs for employees and expand profitabilityy for the GE Healthcare business. Locally, GE which produces medical imaging equipment and medicall information technology products fromits Milwaukee-area will spend $3 billion by 2015 to develop at least 100 new products designed to lowet costs, improve access and improve quality of care by 15