NORWALK, Conn.--(BUSINESS WIRE)--June 12, 2006--GE Commercial Finance - Global Media & Communications today announced that JP Marchette has been appointed to the position of senior vice president, Technology Lending origination, based in the Boston office located at One Beacon Street. He will be focused on expanding Technology Lending's presence in Boston and the East Coast regional market.
Marchette brings more than 10 years of experience in technology and venture financing to GE. Previously, he served as principal at Hercules Technology Growth Capital in Boston. He has also held positions with Comdisco Ventures and Boston Financial and Equity.
"JP is a seasoned executive with strong relationships with the venture capital community and has a long track record of success in the venture financing space," said John Kinnaman, managing director, GE. "These are indicators of his expertise and leadership and we know JP will be a valuable addition to our Boston office."
Marchette earned a Bachelor of Science degree in business administration from the University of Maine.
About Technology Lending
Technology Lending, a unit of GE Commercial Finance - Global Media & Communications, provides debt and associated equity financing to technology-related businesses. Industry segments include Semiconductors, Software/Applications, Networking/Applications, Communications Infrastructure/Applications, IT Services, Internet Services, Media/Content, Consumer Electronics and Clean Energy Technology. With over $5 billion in assets, offices in Atlanta, Boston, Chicago, Hong Kong, London, New York, Norwalk, Palo Alto and San Francisco, Global Media & Communications represents a one-stop source for the comprehensive range of GE's lending and other structured financial services offered to the telecom, media, technology (TMT) and entertainment marketplace. For more information, visit gegmc.com.
About GE Commercial Finance
GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $190 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. GE serves customer in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's website at ge.com.
Contacts
GE Commercial Finance
Richard Gardiner, 203-229-5708
[email protected]
or
CJP Communications
Dawn Cabral, 203-378-1152 ext. 147
[email protected]
Britta Kons
GE Healthcare Global Services
[email protected]
1-203-400-1892