IRVING, TX, JULY 9, 2014 --- GE Capital, Equipment Finance, a long-time provider of wholesale and retail financing to equipment manufacturers, named Matt LeSage its new chief commercial officer. He reports to Diane Cooper, president of the business.
GE --- the global provider of solutions in energy, health and home, transportation and finance --- employs 1,500 people in the Dallas-Fort Worth area. The largest portion, 40%, is part of GE Capital's Equipment Finance business.
"Matt's exceptional track record makes him a great choice to help build on our strong growth trajectory," said Cooper. "His background in both sales and marketing will help us with customer development as well as long-term strategic initiatives."
LeSage was most recently responsible for managing vendor finance programs in the construction, lift equipment and technology industries at GE Capital, Equipment Finance.
LeSage was chosen to join GE's Management Development Program after graduating from the University of Michigan at Ann Arbor in 1993. He held positions of increasing responsibility with several GE businesses before joining the commercial lending and leasing arm of GE Capital, becoming chief marketing officer of its Franchise Finance business in 2006. He has been with the Equipment Finance business since 2009. He holds an MBA from the University of California at Berkeley.
LeSage is a member of the Board of Trustees of the Washington, D.C.-based Equipment Leasing & Finance Foundation (ELFF), which conducts and commissions research about the equipment lease financing industry. Since its creation in 1989, ELFF has funded more than $2 million in research grants. ELFF is related to the Equipment Leasing and Finance Association (ELFA), a trade association representing financial services companies and manufacturers in the $827 billion U.S. equipment finance sector.
LeSage and his family live in Dallas.
About GE Capital, Equipment Finance
With more than $36 billion in lease and loan transactions since 2007, GE Capital, Equipment Finance business manages over 40 manufacturer financing programs that span 10+ industries, including transportation, construction, IT, OI, golf and turf, healthcare and manufacturing. It maintains relationships with approximately 200,000 business customers through its network of dealers and distributors, and evaluates more than 1,000 financing applications daily. To stay up-to-date on commercial lending and leasing news, follow us on Twitter.
GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.
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