NORWALK, Conn.--(BUSINESS WIRE)--Aug. 8, 2005--GE Commercial Finance Technology Lending, a unit of Global Media & Communications, today announced that it has appointed Paul Lee to the position of vice president, origination. He will be responsible for originating and maintaining client relationships within the technology sector, and will report to John Kinnaman, managing director, GE Commercial Finance Technology Lending.
Mr. Lee has been with GE since July 2003, when he joined the company's Structured Finance Group. He has been with Technology Lending's risk team since June 2004, most recently serving as an assistant vice president. Prior to joining GE, Mr. Lee held tenures as director of corporate development for C2A Media and strategy consultant for Accenture.
"Paul has done a tremendous job for our technology clients over the past year, and we have great confidence that he will continue to excel in his new role," said Kinnaman. "He will be critical to our success as we continue to build our team and position for growth during the balance of 2005 and into 2006."
Mr. Lee holds a BA in Mathematics and Economics from Northwestern University, and an MBA from the University of California-Los Angeles.
About GE Commercial Finance Technology Lending
A unit of GE Commercial Finance Global Media & Communications, Technology Lending provides debt financing to Technology related businesses. Industry segments include: clean energy, communications infrastructure, electronics, hardware, information technology, internet services, semiconductor and software. www.getechnologylending.com.
About GE Commercial Finance Global Media & Communications
With nearly $5 billion in assets and offices in Atlanta, Chicago, Delhi, Hong Kong, London, New York, Norwalk and San Francisco, 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
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TorranceCo
Mark Prindle, 212-786-6132
Jeff Wilson
GE Capital Corporate Finance
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1-203-749-6340