GE Energy names Heintzelman CEO of GE Oil & Gas

GE Energy announced the appointment of Dan Heintzelman as the new CEO of GE Oil & Gas. Heintzelman is currently the CEO of GE Energy Services. Claudi Santiago ,the former CEO for GE Oil & Gas, will retire in December after 12 years in his job. Jeff Immelt, GE chairman and CEO said, “Claudi Santiago has led GE Oil & Gas during a period when it became a global leader in its industry. Claudi’s strategy of investing wisely in core technology and expanding into areas to provide more complete solutions for our customers proved to be the right one for GE and investors.” Additional management changes include Steve Bolze overseeing a combined GE Power & Water and Power Generation Services; Dan Janki will be CEO of GE Energy Management; and Lynn Calpeter will succeed Janki as CFO for GE Energy. (July 15, 2011)