CHICAGO--(BUSINESS WIRE)--June 6, 2005--GE Commercial Finance Corporate Lending today named Richard (Rich) Rodgers as Managing Director for its Central Region. He will be responsible for developing origination opportunities and serving existing clients throughout eighteen midwestern states and Canada.
"Rich has been a market leader for us in developing innovative solutions to help clients shape and grow their businesses throughout various economic cycles," said Willie Brasser, General Manager, GE Commercial Finance Corporate Lending. "We are very pleased that he has accepted this opportunity to apply his vision and expertise to the leadership of our Central Region."
Rich joined GE Corporate Lending in 1997 as a Vice President of Originations for the West Region, and in 2001 was promoted to Senior Vice President and Team Leader for the North Central originations team. He most recently served as Managing Director of Originations for the North Central and Canadian regions. Prior to joining GE, Mr. Rodgers held assorted risk, origination and new product development positions for a number of banks on the West Coast, including Bank of America, Wells Fargo and Security Pacific. He holds a Bachelors degree in Business from the University of Northern Colorado.
About GE Commercial Finance Corporate Lending
GE Commercial Finance Corporate Lending offers financing to clients from middle-market companies to large corporations. Products and services include asset-based financing, cash flow lending and corporate restructuring. Corporate Lending is a leading global provider of financing solutions for investment and non-investment grade companies - committed to supporting clients at all stages of the business cycle. For more information on the businesses and products of GE Commercial Finance Corporate Lending, please visit www.gelending.com. GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $230 billion and is headquartered in Stamford, Connecticut. GE (NYSE: GE) is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's website at www.ge.com.
Contacts
GE Commercial Finance
Ned Reynolds, 203-229-5717
or
TorranceCo
Mark Prindle, 212-786-6132
Jeff Wilson
GE Capital Corporate Finance
[email protected]
1-203-749-6340