NORWALK, Conn.--(BUSINESS WIRE)--GE Commercial Finance Corporate Lending today announced the appointment of James Hallock as managing director of the restructuring finance team, with responsibility for providing turnaround finance to midsize and large companies throughout the Northeast U.S.
Hallock has more than 25 years of finance experience with 19 years focused on corporate restructuring. Most recently, he managed debtor-in-possession financing in the distressed assets group at Credit Agricole's Calyon Corporate and Investment Bank. Prior to this, he was a Director in the restructuring services group for KPMG LLP. Earlier in his career, he held a role as a restructuring and crisis management advisor for GDL Management Services and a senior manager and restructuring accountant in the Bankruptcy and Reorganization Group for PricewaterhouseCoopers.
"For nearly two decades, Jim has worked with high-profile companies that are over-leveraged or operationally challenged," said Rob McMahon, managing director of restructuring finance for GE Corporate Lending. "With broad experience as both a turnaround lender and advisor, he understands the unique needs of distressed companies and turnaround specialists, and will enhance our ability to provide smarter financial solutions."
Hallock received his M.B.A. from Duke University, a M.S. in taxation from Fordham University Graduate School of Business and a B.A. in economics from Skidmore College. Jim is also a certified public accountant. He is based in Norwalk, CT.
About GE Corporate Lending
With $14 billion in assets, GE Commercial Finance Corporate Lending is one of North America's largest providers of asset-based, cash flow, structured finance and other financial solutions for mid-size and large companies. From over 30 offices throughout the U.S. and Canada, GE Corporate Lending specializes in serving the unique needs of borrowers seeking $20 million to $2 billion and more for working capital, growth, acquisitions, project finance and turnarounds. Visit www.gelending.com/clnews for more information.
About GE Commercial Finance
GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $233 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 customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit www.ge.com.
Contacts GE Corporate Lending, Norwalk
Jeff Wilson, 203-229-1887
[email protected]
or
GE Commercial Finance, Norwalk
Ned Reynolds, 203-229-5717
[email protected]
Britta Kons
GE Healthcare Global Services
[email protected]
1-203-400-1892