FAIRFIELD, Conn.--12 May 2011-- GE today announces the appointment of three new company officers. GE currently has 195 GE officers globally. GE officers lead large revenue generating businesses or are in critical functional roles, helping to drive growth.
Below are the details of GE's new company officers:
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On Tuesday, 10 May 2011, the Treasurer announced as part of the Federal Budget, changes to the calculation of fringe benefits tax ("FBT") for car fringe benefits.
The Government will replace the current 'sliding scale' with a single flat rate of 20 per cent that applies regardless of the distance travelled. The flat rate will be introduced progressively over a 4 year period in accordance with the following table:
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GE Aviation's Tom Gentile joins Healthcare as President & CEO of Healthcare Systems
Mike Swinford named President & CEO of new Global Services business
Chalfont St. Giles, UK -- May 11, 2011 -- GE Healthcare today announced two new members of its leadership team in a move designed to drive differentiated product and service offerings that meet its global customers' diverse needs.
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BEIJNG, May 11, 2011 -- GE Capital Aviation Services Limited (GECAS), the commercial aircraft leasing and financing unit of GE, is delivering a total of 20 new leased aircraft to airline customers in China during 2011, expanding its position as a leading aircraft lessor and financier with US$7 billion invested in China.
The announcement coincides with GECAS executive Li Liu speaking on the topic "Facilitating the Transformation of Civil Aviation" at the 2011 China Civil Aviation Forum May 11-12 in Beijing.
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Sale, Manchester, 7 April 2011: Two key appointments have made as GE Capital UK strengthens its light commercial vehicle leasing operation.
Simon Cook, who has been in the commercial vehicle industry for more than quarter-of-a-century, has been named as LCV Leader. Most recently, Simon was heading up the sales and operations team at TLS Vehicle Rental.
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- Popularity of outright purchase drops from 38% of fleets to 17%
- Contract hire increases from 42% to 66% in the same period
Sale, Manchester, 7 April 2011: Use of outright purchase as a method of acquiring company cars and vans may have fallen by more than half in the last 18 months, according to the latest quarterly Company Car Trends survey from GE Capital.
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- 35% predict an increase in car fleet numbers in the next six months
- 38% expect economy to "improve slightly" through remainder of 2011
Car fleet managers are cautiously optimistic about economic prospects for the remainder of 2011, according to the latest quarterly Company Car Trends survey, from GE Capital, Fleet Services.