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Akshar Awalgaonkar Appointed Chief Procurement Officer at GE HealthCare

Smita SinghbySmita Singh
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Akshar Awalgaonkar Appointed Chief Procurement Officer at GE HealthCare

Akshar Awalgaonkar Appointed Chief Procurement Officer at GE HealthCare

Greater Philadelphia, Pennsylvania, United States, June 2026 — GE HealthCare has appointed Akshar Awalgaonkar as Senior Vice President & Chief Procurement Officer, strengthening its executive leadership team as the company continues to advance its global supply chain and procurement capabilities. The appointment marks a return to the GE family for Akshar, who began his career within General Electric before building an accomplished global leadership career across procurement, sourcing, commercial operations, and supply chain transformation. In his new role, he will lead GE HealthCare’s global procurement organization, driving sourcing excellence, supplier partnerships, operational resilience, and value creation across the company’s worldwide operations.

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Akshar Awalgaonkar joins GE HealthCare from Avery Dennison, where he served as Group Vice President & Chief Procurement Officer, leading the Fortune 500 company’s global procurement organization. During his tenure, he was responsible for developing procurement strategies, strengthening supplier partnerships, and driving enterprise-wide value creation across the global materials science and digital identification solutions business.

Prior to Avery Dennison, Akshar served as Senior Vice President & Chief Procurement Officer at GE, leading the global integrated procurement function for the former GE Water business following its transition through SUEZ and Veolia. Earlier, he held senior procurement leadership positions as Assistant Vice President – Global Procurement at AbbVie and Assistant Vice President – Global Procurement at Walgreens Boots Alliance, where he led global indirect procurement organizations supporting complex multinational operations across the pharmaceutical and retail healthcare sectors.

Akshar’s earlier career included nearly eight years with General Electric, where he held a series of progressively senior leadership positions across global strategic sourcing, commercial operations, program management, and profit management. During this period, he managed global sourcing organizations spanning engineered systems, electronics, and strategic commodities while also leading commercial program management for a US$5 billion global portfolio across multiple continents. He began his international leadership journey through Whirlpool Corporation’s Global Supply Chain Leadership Development Program, following his early engineering experience with Bosch in India.

With more than 20 years of global leadership experience, Akshar has built deep expertise across procurement, strategic sourcing, supply chain transformation, commercial operations, supplier management, cost optimization, program management, and global business operations. His appointment reflects GE HealthCare’s continued investment in strengthening its global supply chain capabilities while supporting innovation, operational excellence, and sustainable growth across its worldwide healthcare business.

About GE HealthCare

GE HealthCare is a leading global medical technology, pharmaceutical diagnostics, and digital solutions innovator dedicated to enabling precision healthcare. Leveraging more than 100 years of healthcare innovation, the company develops intelligent medical devices, advanced analytics, artificial intelligence solutions, and digital applications that help clinicians make faster, more informed decisions while improving patient outcomes.

With approximately 50,000 employees worldwide, GE HealthCare operates at the center of a global healthcare ecosystem, supporting providers, researchers, and health systems through its Edison™ intelligence platform and advanced healthcare technologies. The company remains committed to driving innovation, improving productivity, and creating a future where healthcare has no limits.

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