NORWALK, Conn.--(BUSINESS WIRE)--Oct. 17, 2005--GE Commercial Finance Global Media & Communications today announced that James L. McGovern has been appointed Senior Vice President, Origination. He will be responsible for generating client relationships and originating senior debt transactions in the large cap media sector. Based in New York, NY, Mr. McGovern will report to Thomas Regan, Managing Director, Global Media & Communications.
Mr. McGovern has over 12 years of experience in the financial sector, most recently serving as Director for WestLB AG in New York, where he was responsible for Leveraged Media client coverage. He previously held positions with Morgan Stanley & Co., TD Securities and Salomon Smith Barney.
"Having covered the media sector in high yield execution, senior loan origination and buy side capacities, Jim has a unique perspective and keen understanding of the challenges that face our customers," said Mr. Regan. "His broad skill set perfectly supports GE Commercial Finance's strategy of offering our clients not only the most flexible financing solutions available, but also strategic insight into the current issues surrounding their business."
Mr. McGovern holds a BA in Economics from Boston College.
About GE Commercial Finance Global Media & Communications
With nearly $5 billion in assets, offices in Atlanta, Chicago, London, New York, Norwalk, San Francisco and resources in Asia-Pacific, GE Commercial Finance Global Media & Communications represents a "one-stop" source for the comprehensive range of GE's lending and other structured financial services offered to the telecommunications, media, technology and entertainment marketplace. For more information, please visit www.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 $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 Web site 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