Paul Morton, former Director of GE Healthcare appointed as CEO
London, 16th January, 2017: Thorn Medical PLC (“Thorn” or the “Company”), the international healthcare group, today announces the appointment of Paul Morton as Chief Executive Officer and Jack Kaye as Executive Chairman, who replaces Sir John Lucas-Tooth who steps down from the board, with immediate effect.
Mr Morton joins the Board from GE Healthcare, where he was Group Commercial Director of the Healthcare Solutions business of GE Healthcare, a $17 billion subsidiary of the General Electric Company.
In that role, he was responsible for growing the company’s Education, Healthcare IT & Technology and consulting divisions in Russia CIS, Turkey, Central Asia, the Middle East and Africa from US$150 million to US$300 million in two years.
Prior to that, he was Marketing Director & Deputy General Manager of GE Healthcare’s Infrastructure Solutions division, based in Istanbul and responsible for all aspects of the healthcare infrastructure market in Russia, Turkey, Central Asia, the Middle East and Africa, including technology fleet management, clinical service-line development, turnkey projects and Healthcare Public/Private Partnerships (“PPP”).
Before that, he was Market Development Director of GE Healthcare’s Partnerships Group, responsible for globalising and growing the PPP business opportunities from US$600 million to US$2.5 billion. His other experience includes responsibility for strategy, finance, risk and operations, establishing GE’s leading position in the global market as a solutions provider.
Jack Kaye, Thorn Medical’s previous Chief Executive, steps up to the position of Executive Chairman, replacing Sir John Lucas-Tooth who is stepping down from the Board.