GE Healthcare hires ex-Raytheon attorney as general counsel


General Electricity Company. said Monday that Frank Jimenez would become general counsel for his health care business on Feb. 21, succeeding his recently deceased chief legal officer.

Jimenez, who stepped down in December after two years as general counsel at what is now Raytheon Technologies Corp., will become head of the global legal and policy teams at Chicago-based GE Healthcare, the company announced.

He succeeds Michael McAlevey, who spent 24 years in a variety of roles within the GE conglomerate. McAlevey left earlier this year to become chief legal officer of HCA Healthcare Inc., an operator of healthcare facilities based in Nashville, Tennessee.

Boston-based GE unveiled plans in November to split into three separate companies covering aviation, energy and healthcare. Paul, Weiss, Rifkind, Wharton & Garrison and Gibson, Dunn & Crutcher are advising GE on its proposed separation.

“Jimenez’s proven leadership and significant experience in government and across sectors” will be an asset to the organization as it prepares to become a public company, said Peter Arduini, CEO of GE Healthcare, in a press release.

Jimenez served as general counsel for the US Navy during President George W. Bush’s second term. A native of Miami, he had previously served as assistant general counsel for the Navy and a candidate for a seat on the Florida Supreme Court after serving as chief of staff to former Gov. Jeb Bush (R-Fla.).

Jimenez then held senior positions in the legal department of Bunge Ltd., ITT Corp. and Xylem Inc., where he worked on spin-off companies.

Raytheon Co., a major U.S. defense contractor, hired Jimenez to be its chief legal officer in 2015. He played a key role advising the company on its combination with mega-merger United Technologies Corp. in the aerospace sector which closed in 2020.

Earlier this year, Jimenez was named to the board of directors of Huntington Ingalls Industries Inc., America’s largest military shipbuilder, which named a new legal captain in 2020.

Jimenez owns nearly $40,000 in Huntington Ingalls stock and nearly $5 million in Raytheon stock, according to Bloomberg data.


Comments are closed.