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Chief Marketer

Q&A: Steve Kozek on GE Capital's Financial Marketing Challenges
Chief Marketer
We're trying to get in the door with content and domain expertise to create an opportunity and close the transaction. GE Capital is big on framework because we need repeatability. When I'm helping 10 different business units in North America go to ...



CNNMoney

GE to Shut Down Corporate Jet Fleet in Cost-Cutting Move -- 3rd Update
Fox Business
GE doesn't just own business jets; it also supplies engines and other parts used on some business jets. The company also makes jet engines for commercial planes, and its GE Capital division has a large business of leasing aircraft, though it sold the ...
General Electric is grounding its fleet of corporate jets to save money ...CNNMoney
General Electric Company (GE) to Ground Its Corporate JetsInvestorplace.com
GE's New CEO Is Committed to Furthering Immelt's Digital Transformation PlanChief Executive Group

all 18 news articles »


Wall Street Journal (subscription)

GE Sells Penske Truck Leasing Stake for $674 Million - WSJ
Wall Street Journal (subscription)
General Electric sold the last of its stake in Penske Truck Leasing for $674 million, the companies said, as part of the industrial conglomerate's plan to refocus its ...
GE Keeps Trimming Finance Business -- WSJFox Business
GE Sells Remaining Equity Stake in Penske Truck LeasingBusiness Wire (press release)
GE Sheds Remaining Stake in Penske24/7 Wall St.
Seeking Alpha -Zacks Investment Research
all 35 news articles »


Bloomberg

GE Is Said to Near Sale of Industrial-Solutions Unit to ABB
Bloomberg
Since 2010, ABB has funneled around $11 billion in capital into its U.S. operations, and the GE deal would bolster the Swiss company's footprint in North America. ABB bought an Austrian industrial-software company for about $2 billion in April to plug ...

and more »


Reuters

US regulators stick with existing policy for 'systemic' firms
Reuters
The panel only once before has removed a SIFI designation, when it did so for GE Capital in 2016 after it drastically revamped its operations. By law, all banks with over $50 billion in assets are automatically considered SIFIs, while the FSOC can ...
SIFI De-designation AlertAmerican Action Forum (press release) (blog)

all 10 news articles »


Hartford Courant

Madison Financial Executive Seeks GOP Nomination For Governor
Hartford Courant
Stefanowski's career also includes a 13-year stint at GE, ending as president and CEO of GE Capital Europe. He lives in Madison with his wife, Amy, and has three children, according to his campaign biography.. Stefanowski is an avid runner and has ...

and more »


Greenwich Free Press

KeyBank Hires Greenwich's John Keller as Senior Relationship Manager
Greenwich Free Press
Previously he was a Senior Relationship Manager for middle market clients in the Connecticut, Westchester and New York City markets. Keller also served seven years with GE Capital where he held various commercial sales and capital markets leadership ...

and more »


Monitor Daily

Former GE Capital Veteran Joins Aircastle as Chief Accounting Officer
Monitor Daily
Aircastle appointed Jay Maronilla chief accounting officer.

and more »


Peltz's Trian may win GE board seat, amid possible large restructuring of industrial giant
Yahoo Finance
GE, under Immelt, sold off most of its once highly profitable GE Capital unit, and under Flannery, the company is contemplating significant job cuts while the new CEO conducts a top-to-bottom review of the company. Still shares of GE—once a Wall ...

and more »


GE sells final stake in Penske Truck Leasing
Reading Eagle
"This is one of the last pieces of our former GE Capital businesses," GE Capital Chairman and CEO Rich Laxer said in a statement. "To date, we have sold more than $201 billion in assets as we refocus GE Capital on financing businesses directly related ...


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