STAMFORD, Conn.--(BUSINESS WIRE)--Sept. 10, 2006--GE Money, the global consumer lending unit of General Electric Company, announced today the appointment of Mike Cutter to president and CEO of GE Money -- Australia & New Zealand. Cutter succeeds Thomas C. Gentile, who was recently appointed as SVP Global Marketing for GE Money. Cutter will report directly to David R. Nissen, president and CEO of GE Money.
ST. PAUL, Minn.--(BUSINESS WIRE)--Sept. 6, 2006--To better address the market for garage storage and garage cabinets, expected to reach over $1.5 billion by 2009(a), GE Money's Retail Sales Finance unit and Slide-Lok, a leading provider of garage interiors and manufacturer of garage storage cabinets, today announced a new consumer credit program for Slide-Lok's 100-plus garage storage and garage cabinet dealers nationwide. The new program is available this month.
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BANGKOK, Thailand--(BUSINESS WIRE)--Aug. 28, 2006--GE Money, the consumer finance unit of the General Electric Company (NYSE:GE), announced today it has reached an agreement to acquire a 25.4% interest (on a fully diluted basis) in the Bank of Ayudhya (BAY) for US$600 million. The transaction is subject to shareholder approvals.
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Thomas C. Gentile Named SVP Global Marketing for GE Money
STAMFORD, Conn.--(BUSINESS WIRE)--Aug. 7, 2006--GE Money, the global consumer lending unit of General Electric Company, announced today the appointment of Thomas C. Gentile to Sr. Vice President, Global Marketing. Mr. Gentile will report directly to David R. Nissen, president and CEO of GE Money.
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LAKEWOOD, Colo.--(BUSINESS WIRE)--Aug. 8, 2006--GE Money, a unit of General Electric, has named Orlando Zayas as president of GE Auto Warranty Services, a leading provider of vehicle service contracts.
Zayas comes to the position from GE Money's Benefit Solutions business, where he developed and grew a strategy aimed at helping employees of small to mid-size businesses cope with spiraling healthcare and legal costs. He has a track record of growth, achieving a revenue increase of more than 40 percent in a key product area.
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ST. PAUL, Minn.--(BUSINESS WIRE)--June 28, 2006--GE Consumer Finance's Retail Sales Finance unit today announced a multi-year agreement to provide consumer financing to customers of USA Home Remodeling, an on-line facilitator of home improvement services.
Under the agreement, GE Consumer Finance will offer both its revolving PROJECTLINE(SM) credit program and installment PROJECTLOAN(SM) financing product to consumers who use USA Home Remodeling for home improvement projects.
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SCHAUMBURG, Ill.--(BUSINESS WIRE)--June 25, 2006--As employers strive to broaden their benefit portfolios, demand is growing for benefits that go beyond traditional health and dental discount programs. Most notably, employees are increasingly calling for help in the areas of identity theft protection and legal protection.
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ST. PAUL, Minn.--(BUSINESS WIRE)--June 21, 2006--GE Consumer Finance's Retail Sales Finance unit today announced a new multi-year agreement with Owens Corning (OTCBB:OWENQ) to provide roofing contractors with comprehensive and flexible financing programs for their homeowner customers as part of the Owens Corning Preferred Contractor Program.
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ST. PAUL, Minn.--(BUSINESS WIRE)--June 18, 2006--GE Consumer Finance's Retail Sales Finance unit today announced a new multi-year partnership with Classic Metal Roofing Systems to provide its customers with installment and revolving financing options. The program was recently launched to Classic Metal Roofing's authorized network of 66 independent dealers.
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ST. PAUL, Minn.--(BUSINESS WIRE)--June 12, 2006--GE Consumer Finance's Retail Sales Finance unit today announced a new multi-year agreement with Thunder Mountain Custom Cycles to provide revolving and installment consumer financing programs for the Colorado-based company's dealers across the United States.