NORWALK, Conn.--(BUSINESS WIRE)--Aug. 2, 2005--GE Commercial Finance Technology Lending, a unit of GE Commercial Finance Global Media & Communications, today announced that it has named John Kinnaman as managing director. In this capacity, he will oversee transactions for companies within the technology sector, including clean energy, communications infrastructure, electronics, hardware, information technology, internet services, semiconductor and software.
Mr. Kinnaman joined GE's Global Media & Communications team in September 2003 as senior vice president, Strategic Marketing and played an integral role in the development of the group's strategic direction. In addition to leading its marketing efforts, he helped to develop the group's mandate, segment its markets and build its Communications practice. Prior to GE, Mr. Kinnaman spent more than 12 years in consulting, including positions with PricewaterhouseCoopers and LECG.
"John Kinnaman brings to this position a strategic mindset, demonstrated leadership skills and extensive communications industry experience," said Robert Stefanowski, President, GE Commercial Finance Global Media & Communications. "His expertise will be instrumental in the continued development of our technology lending practice, an extremely important channel that is likely to become even more significant as the lines between telecommunications, media and technology sectors blur and ultimately disappear over the next several years."
Mr. Kinnaman holds a BA in Economics from Stanford University and an MBA from Duke University.
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 media, telecommunications, entertainment and technology 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