KANSAS CITY, Mo.--June 9, 2004--GE's Employers Reinsurance Corporation (GE ERC) has named Richard F. Smith its chief operating officer and Marc Meiches as its chief investment officer.
As chief operating officer, Smith, 44, will lead continuing reinsurance, commercial insurance and life insurance business units as well as the company's property and casualty product management teams.
NORWALK, Conn.--(BUSINESS WIRE)--June 8, 2004--GE Commercial Finance, through its Business Credit unit, announced that it has named Joel A. Carlson as vice president of origination for the Pacific Northwest region, including Alaska, Idaho, Montana, Oregon, and Washington, and Western Canada. Based in Seattle, Mr. Carlson will help manage new business development initiatives including prospecting, sourcing and closing of all asset-based lending transactions between $5 million and $30 million.
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KANSAS CITY, Mo.--June 8, 2004--GE's Employers Reinsurance Corporation (GE ERC) will dedicate its new global headquarters building at 9201 State Line Road on Thursday, June 10.
Our company has a rich heritage in Kansas City since its founding in 1914, said Ron Pressman, Chairman and President of GE ERC. It's an honor to return to the city where this company had its formative years and at the same time support the economies of both sides of the state line.
NORWALK, Conn.--(BUSINESS WIRE)--June 8, 2004-- Provides $182.5 Million Senior Secured Facility GE Commercial Finance Global Media & Communications announced that it has arranged $182.5 million in senior secured financing for Communications Corporation of America and White Knight Broadcasting.
NORWALK, Conn.--(BUSINESS WIRE)--June 7, 2004--GE Commercial Finance's Global Media & Communications Technology business announced that it has named Jon Baird as vice president, origination. In this capacity, he will develop new client relationships on the West Coast, focusing on venture capital firms and developmental/growth stage technology-related companies.
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KANSAS CITY, Mo.--(BUSINESS WIRE)--June 4, 2004--Don Mango, Vice President of Research & Development at GE's Employers Reinsurance Corporation (ERC), was awarded the 2004 Charles A. Hachemeister Prize by the Casualty Actuarial Society (CAS) for his paper on reinsurance pricing.
The announcement of the award was made at the CAS Spring Meeting in Colorado Springs, Colorado.
GE Pours Thousands of Water Filtration
Products into Washington DC; Filtration Pitchers to Be Distributed to
Residents at No Cost
LOUISVILLE, Ky.--(BUSINESS WIRE)--June 3, 2004--GE Consumer &
Industrial has donated 12,500 GE SmartWater(TM) filtration products to
the District of Columbia residents whose home have tested above the
Environmental Protection Agency's regulatory action level of 15 parts
per billion (ppb). District of Columbia Water and Sewer Authority
General Manager, Jerry N. Johnson announced the donation today. The
GE Energy To Acquire BHA Group Holdings, Inc., A Leader In Air Quality Control
ATLANTA, GEORGIA -- June 1, 2004 -- GE Energy has signed a definitive agreement to acquire BHA Group Holdings, Inc., a leading provider of air quality control products and services, in an all cash transaction for $38 per share or approximately $260 million. Upon consummation of the transaction, BHA will become a wholly owned subsidiary of GE.
GE Fanuc Automation Americas, a unit of the GE Infrastructure global business platform, has introduced the new PACSystems Control Memory Xchange, which can increase users' product quality and boost uptime by increasing data acquisition capacity and reliability, even in the harshest electrical noise environments.
