NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance has named Michael E. Chen to the position of president and CEO of its Global Media & Communications business unit. With over $7 billion in assets, Global Media & Communications represents a one-stop source for the comprehensive range of GE's debt and equity financing services offered to the telecommunications, media, technology (TMT) and entertainment & sports marketplace. Chen succeeds Robert V. Stefanowski, who was recently named president and CEO for GE Commercial Finance - Corporate Financial Services Europe.
"We are pleased to welcome Michael into this important leadership role," said Michael A. Gaudino, president and CEO, GE Commercial Finance - Corporate Financial Services. "Michael's customer relationship skills and leadership experience will help GE's Global Media & Communications business continue its terrific growth."
Chen most recently held the position of general manager for Global Airports & US Aviation for GE's Aviation Financial Services business (GECAS). Previously he was managing director, Sales-North America, for GECAS. He joined GE's aviation financing business in 1994 as vice president of Risk Management, North America, and prior to GE was with IBM for nine years working in finance, marketing and product management.
Chen earned an MBA in Finance from the Johnson Graduate School of Management at Cornell University and a Bachelor of Science degree in Electrical Engineering from The University of Rochester. He was named one of the top customer relationship individuals in the country in the latest book "Secrets of Great Rainmakers" by best-selling author Jeffrey Fox.
About GE Commercial Finance -- Global Media & Communications
With over $7 billion in assets and offices in Atlanta, Beverly Hills, 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 debt and equity financing services offered to the telecom, media, technology (TMT) and entertainment & sports 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 $206 billion and is headquartered in Norwalk, 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 www.ge.com.
Contacts
GE Commercial Finance
Ned Reynolds, 203-229-5717
[email protected]
or
CJP Communications
Vu Chung, 212-279-3115 x205
[email protected]
Britta Kons
GE Healthcare Global Services
[email protected]
1-203-400-1892