BNET Industries

Market Cap:$465.4M
  • Public
  • US
Dow Jones Description

General Electric Capital Corporation is a global, diversified financial services company engaged in commercial finance, consumer finance, equipment management and insurance. With assets of approximately $500 billion, GE Capital serves consumer and businesses in 47 countries around the world. GE Capital is one of four business units of General Electric Company and includes GE's Commercial Finance, GE Money, Energy Financial Services, Commercial Aviation Services and Corporate Treasury businesses.

President & Chief Executive Officer, GE Capital-Global BankingDmitri Stockton
Contact Information

260 Long Ridge Rd

Stamford, Connecticut 06927

www.gecapital.c...

203-357-4000

NAICS Code Consumer Lending: 522291

Recent Events

  • GE unit offers interim loans to hospitals, healthcare providers

    6/16/09 - Merger / Acquisition - View Story

  • GECAS promotes Norman C.T. Liu as president and CEO

    6/15/09 - Mgmt. Change Entering - President - View Story

  • Norman C.T. Liu Promoted to President and CEO of GECAS; Henry A. Hubschman to Become...

    6/12/09 - Mgmt. Change Entering - Other - View Story

  • BDO signs definitive agreement to acquire GE Money Bank's Philippine unit

    6/02/09 - Merger / Acquisition - View Story

  • Break Up GE?

    5/22/09 - Financial Announcement - View Story

  • GE Capital Names UK Marketing Chief, Commercial Director

    5/19/09 - Mgmt. Change Entering - Director - View Story

  • GE Capital Appoints Anish Shah To Head Indian Operations

    5/13/09 - Mgmt. Change Entering - Other - View Story

  • GE Unveils $3 Billion R&D Effort

    5/09/09 - Product Announcement - View Story

  • PHH profit plummets

    5/02/09 - Merger / Acquisition - View Story

  • UPDATE 1-Blount International posts 86 pct drop in Q1 profit

    5/01/09 - Joint Venture / Alliance - View Story

  • GE Aviation notches double-digit 1Q gains

    4/18/09 - Stock Split / Dividend - View Story

  • General Electric net drops 35% as financial unit takes hit

    4/17/09 - Bond / Stock Rating - View Story

News & Analysis

general electric capital corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Dmitri Stockton President & Chief Executive Officer, GE Capital-Global Banking
John L. Flannery President & Chief Executive Officer, Asia Pacific
Gregory Cameron Vice President & Chief Financial Officer, GE Capital Solutions
Augustus J. Costaldo Vice President and Manager
Lucy Coschingnano Business Development Manager
Ray Bradley Regional Sales Manager
Jason Tabalujan Associate
Kip Gregory Well, Known Industry Speaker

Board of Directors

Name (plus bio) Position
Michael A. Neal Chairman & Chief Executive Officer
Brackett B. Denniston III Board of Directors
James A. Parke Vice Chairman
Jeffrey R. Immelt Board of Directors
Jeffrey S. Bornstein Board of Directors
John M. Samuels Board of Directors
Pamela Daley Board of Directors
Ronald R. Pressman Board of Directors
Organization Position Status
General Electric Capital Corporation President & Chief Executive Officer, GE Capital-Global Banking Current
General Electric Company President & Chief Executive Officer, GE Capital-Global Banking Current
GE Money President & Chief Executive Officer, Central & Eastern European Strategic Business Unit Former
General Electric Company President & Chief Executive Officer, GE Capital-Global Banking Former
North Carolina A&T B.S., Accounting Former
Organization Position Status
General Electric Capital Corporation President & Chief Executive Officer, Asia Pacific Current
General Electric Company President & Chief Executive Officer, GE Capital, Asia Pacific Current
GE Commercial Finance President & Chief Executive Officer, Asia Former
GE Equity President & Chief Executive Officer Former
GE Corporate Financial Services Managing Director & Business Leader, Bank Loan Group Former
Fairfield University Graduate Former
The Wharton School of the University of Pennsylvania MBA Former
Organization Position Status
General Electric Capital Corporation Chairman & Chief Executive Officer Current
General Electric Company Chief Executive Officer, GE Capital Current
General Electric Company Vice Chairman Current
General Electric Company President and CEO, GE Commercial Finance Former
GE Commercial Finance President & Chief Executive Officer Former
General Electric Capital Corporation executive vice president Former
Georgia Institute of Technology management graduate Former
Organization Position Status
General Electric Company Vice President & Chief Financial Officer, GE Capital Solutions Current
General Electric Capital Corporation Vice President & Chief Financial Officer, GE Capital Solutions Current
GE Healthcare Financial Services Chief Financial Officer Former

Augustus J. Costaldo, Managing Director, brings over 25 years of diversified real estate development and finance experience as a Senior Vice President and Manager with General Electric Capital Corporation, Marine Midland Bank, Poughkeepsie Savings Bank and Managing Director with Houlihan-Parnes/ iCap Realty Advisors. Mr. Costaldo's considerable experience includes successful resolution of problem loans, management, development and disposition of commercial real estate. Mr. Costaldo also was responsible for commercial loan originations as well as managing loan portfolios in California, Florida, North Carolina, Texas, and in the New York metropolitan area and construction and managements of his own residential projects. Mr. Costaldo joined Houlihan-Parnes/iCap Realty Advisors, LLC in 1997 and is a principal partner in various residential developments in Westchester County and in the southern Connecticut area.

Organization Position Status
General Electric Capital Corporation Vice President and Manager Current
Icap Realty Advisors, LLC Managing Director Current
Midland Bank Vice President and Manager Current
Organization Position Status
General Electric Capital Corporation Business Development Manager Current
Big Brothers, Inc. Volunteer Current
Jobstart Board of Directors Current
Paymentech Canada Vice President, Sales Former

Mr. Bradley founded First Source Funding in 2002, for the purposes of establishing a brokerage firm that would be clearly distinguishable in a financial services industry lacking in breadth and scope of expertise. Ray has been actively involved in middle market tax leasing and financing over the last 29 years, and has held numerous field and senior management positions with industry leaders such as GE Capital, Barclays Bank, PLC and Wachovia. That tenure has enabled Mr. Bradley to gain extensive expertise in all areas of commercial lending, from business origination to underwriting and funding, maintaining strong working knowledge in diverse capital intensive industries. Recent years experience includes Regional Sales Manager positions with GE Capital (1992-1999) and Barclays Leasing (1984-1992). An Erskine College graduate in Economics, his work experience is further augmented by extensive training through GE, AIB, and third party industry specialist curricula. Mr. Bradley resides in Charlotte, NC with his wife and daughter.

Organization Position Status
First Source Real Estate, Inc. President Current
General Electric Capital Corporation Regional Sales Manager Current
Wachovia Corporation Former
Barclays Bank PLC Former
Organization Position Status
General Electric Capital Corporation Associate Current
Cents Ability Inc. Board of Directors Current
Imentor Board of Directors Current

Kip Gregory is CEO of The Gregory Group. Mr. Gregory was previously employed in several key capacities. Mr. Gregory joined Tiburon's Consulting Fellows program in 2008 to his introduce his clients to the benefits of Tiburon's research & consulting services, and to offer assistance to Tiburon's clients in the area of technology. Kip resides in Washington, DC and can be reached at Kip@Gregory-Group.Com.

Organization Position Status
The Gregory Group CEO Current
General Electric Capital Corporation Well, Known Industry Speaker Current
Tiburon Strategic Advisors Current
The Gregory Group Founder Former

Brackett B. Denniston III is senior vice president and general counsel of GE, a role he has held since 2004. Responsible for the GE legal organization worldwide and for all GE legal operations, Mr. Denniston reports directly to GE CEO Jeffrey Immelt. He is a member of GE's Corporate Executive Council and GE Capital's Board of Directors. He is also chair of the company's Policy Compliance Review Board. Mr. Denniston joined GE as vice president and senior counsel for Litigation and Legal Policy in September 1996. From 1993 to 1996 Mr. Denniston served as chief legal counsel to Massachusetts Governor William F. Weld. His responsibilities included judicial selection, litigation, criminal justice issues and legislation. Mr. Denniston was an associate and later a partner at Goodwin, Procter and Hoar in Boston, where he specialized in complex civil litigation, securities matters and white-collar crime. He represented parties in cases involving insider trading, pharmaceutical prosecutions, securities fraud and banking cases. He was a member of the firm's Executive Committee and numerous other firm committees. From 1982 to 1986 Mr. Denniston served in the U.S. Attorney's Office as Chief of the Major Frauds Unit, where he was responsible for white-collar crime prosecutions. A member of the Attorney General's White Collar Crime Operations Committee, he was awarded the Director's Award for Superior Performance by the Department of Justice for his role in more than 100 successful prosecutions. Mr. Denniston served as a law clerk to the Honorable Herbert Y. Choy of the United States Court of Appeals for the Ninth Circuit in 1973-74. He is a summa cum laude graduate of Kenyon College and a magna cum laude graduate of Harvard Law School, where he was an editor of the Harvard Law Review. Active in civic and charitable pursuits, Mr. Denniston is a trustee and secretary of Kenyon College, a former chair of the Zoning Board of Appeals of Duxbury, Massachusetts, a chair and trustee of the New England Legal Foundation, and a member of the Board of the American Arbitration Association and the Pro Bono Partnership. Mr. Denniston and his wife Kathleen have three children, Alexandra, Brackett and Elizabeth.

Organization Position Status
General Electric Company Senior Vice President & General Counsel Current
Kenyon College Board of Trustees & Secretary Current
Pro Bono Partnership, Inc Board of Directors Current
General Electric Capital Corporation Board of Directors Current
American Arbitration Association Board of Directors Current
General Electric Company Vice President & Senior Counsel, Litigation and Legal Policy Former
United States Court of Appeals Law Clerk Former
Harvard Law School J.D. Former
Kenyon College Graduate Former
Organization Position Status
General Electric Company Senior Vice President Current
Books Incorporated Director of Building Current
General Electric Capital Corporation Vice Chairman Current
Innovative Underwriters Inc. Board of Directors Current
Echelon Event Management, LLC Board of Directors Current
Genworth Financial Securities Corporation Board of Directors Current
General Electric Capital Corporation Chief Financial Officer Former
General Electric Capital Corporation Senior Vice President Former
Concordia College B.A. In History Former

Jeffrey R. Immelt is the ninth chairman of GE, a post he has held since September 7, 2001. Mr. Immelt has held several global leadership positions since coming to GE in 1982, including roles in GE's Plastics, Appliance, and Medical businesses. In 1989 he became an officer of GE and joined the GE Capital Board in 1997. A couple years later, in 2000, Mr. Immelt was appointed president and chief executive officer. Mr. Immelt has been named one of the "World's Best CEOs" three times by Barron's, and since he began serving as chief executive officer, GE has been named "America's Most Admired Company" in a poll conducted by Fortune magazine and one of "The World's Most Respected Companies" in polls by Barron's and the Financial Times. Mr. Immelt is also a member of The Business Council, and he is on the board of the New York Federal Reserve Bank. Mr. Immelt earned a B.A. degree in applied mathematics from Dartmouth College in 1978 and an M.B.A. from Harvard University in 1982. He and his wife Andrea have one daughter.

Organization Position Status
General Electric Company Chairman & Chief Executive Officer Current
General Electric Capital Corporation Board of Directors Current
Federal Reserve Bank of New York Board of Directors Current
The Business Council Member Current
General Electric Company Board of Directors Former
Harvard University M.B.A. Former
Dartmouth College B.A., Applied Mathematics Former

Jeffrey S. Bornstein is chief financial officer of GE Commercial Finance and is a member of GE's Corporate Executive Counsel and GE Capital Board. GE Commercial Finance provides financial products and services in 35 countries including Commercial Real Estate, Aviation Leasing, Corporate Finance, Energy and Healthcare Finance along with mid-market lending and leasing. Mr. Bornstein joined GE in 1989 as part of the GE Power Systems' Financial Management Program. In 1992 he joined the GE Corporate Audit Staff and then became Executive Audit Manager. He became chief financial officer for GE Aircraft Engine Services in 1996 and vice president in 1998. In the next three years GE Engine Services became the number one jet engine service provider in the world and its revenues grew from $1.5 billion to $5 billion. In 1999, he was promoted to chief financial officer of GE Plastics. Mr. Bornstein is a director for the Visiting Nurse and Hospice Care of Southwestern Connecticut, and he is on the Board of Northeastern University and serves on its Audit Committee. He has also been involved in a number of youth programs. He participated in the national Junior Achievement program by teaching economics to seventh and eighth graders in economically challenged areas, and he is involved in several projects and fund raising events for Kid's Place, an outreach program for abused children. Mr. Bornstein received his B.S. in Business Administration from Northeastern University.

Organization Position Status
GE Commercial Finance Chief Financial Officer Current
General Electric Company Chief Financial Officer, GE Commercial Finance Current
General Electric Capital Corporation Board of Directors Current
Visiting Nurse & Hospice Care of Southwestern Ct, Inc. Board of Directors Current
Northeastern University Board of Trustees Current
GE Aircraft Engines Chief Financial Officer Former
GE Commercial Finance Vice President, Finance Former
General Electric Company Executive Audit Manager Former
Northeastern University B.S., Business Administration Former

John Samuels is a GE vice president and senior counsel for tax policy and planning. He is responsible for GE's worldwide tax organization and for the company's global tax planning and tax compliance operations. He is a member of GE's Corporate Executive Council, the GE Capital Corporation Board of Directors and the GE Pension Board. Before joining GE in 1988, he was a partner in the law firm of Dewey Ballantine in Washington, D.C., and New York City. From 1976 to 1981 Mr. Samuels served as the deputy tax legislative counsel and tax legislative counsel for the U.S. Department of the Treasury in Washington, D.C. Mr. Samuels is the chairman of the International Tax Policy Forum, a fellow of the American College of Tax Counsel, a trustee of the American Tax Policy Institute and a member of The Business Roundtable Tax Coordinating Committee. He is a member of the University of Chicago Law School Visiting Committee, was an adjunct professor of taxation at New York University Law School from 1975 to 1986, and has been a visiting lecturer at Yale Law School since 1997. Mr. Samuels is a graduate of Vanderbilt University and the University of Chicago Law School. He also earned an LLM in taxation from New York University Law School.

Organization Position Status
General Electric Company Vice President and Senior Counsel, Tax Policy & Planning Current
American College of Tax Counsel Fellow Current
American Tax Policy Institute Board of Trustees Current
General Electric Capital Corporation Board of Directors Current
U.S. Department of the Treasury Deputy Tax Legislative Counsel Former
New York University School of Law Adjunct Professor, Taxation Former
Yale Law School Visiting Lecturer Former
Vanderbilt University Graduate Former
The University of Chicago Law School Graduate Former
New York University School of Law L.L.M. Degree, Taxation Former

Pamela Daley has been senior vice president for Corporate Business Development since 2004. Miss Daley joined GE in 1989 as tax counsel, became senior counsel of Transactions in January 1991, and was elected a vice president in December 1991. Before joining GE, Miss Daley was a partner in the Philadelphia office of Morgan, Lewis & Bockius, where she specialized in domestic and cross-border tax-oriented financings and commercial transactions. She was an adjunct professor at the University of Pennsylvania Law School from 1982 through 1989, teaching federal income taxation of partners and partnerships. Miss Daley received her A.B. degree in Romance languages and literatures with highest honors from Princeton University. She graduated first in her class from the University of Pennsylvania Law School, where she also served as editor-in-chief of the Law Review. She is a member of Phi Beta Kappa and Order of the Coif. Miss Daley serves on the Board of Directors of General Electric Capital Corporation, GE Capital Services, Inc., and the GE Foundation. She is a past director of Genworth Financial, Inc. (NYSE: GNW) (2004-2006). She is also a member of the boards of the University of Pennsylvania, the University of Pennsylvania Law School, The Juilliard School and the World Wildlife Fund.

Organization Position Status
General Electric Company Senior Vice President, Corporate Business Development Current
GE Foundation Board of Directors Current
General Electric Capital Corporation Board of Directors Current
University of Pennsylvania Board of Trustees Current
University of Pennsylvania Law School Board of Trustees Current
The Juilliard School Board of Trustees Current
World Wildlife Fund, Inc. Board of Directors Current
Morgan, Lewis & Bockius LLP Partner Former
University of Pennsylvania Law School Adjunct Professor, Federal Income Taxation of Partners & Partnerships Former
Genworth Financial, Inc. Board of Directors Former
University of Pennsylvania Law School J.D. Former
Princeton University A.B., Romance Languages & Literatures Former

Ronald R. Pressman is president and chief executive officer of GE Real Estate, one of the world’s largest and most diversified commercial real estate finance and investment firms, with a presence in 28 countries and a portfolio with more than $59 billion in assets. A 27-year GE veteran, Mr. Pressman most recently served as President and Chief Executive Officer of GE Asset Management, a global investment business with approximately $197 billion in assets under management. In this role he was responsible for the management of more than 200 institutional client accounts, GE's primary U.S. pension plan, the GE Savings and Security 401(k) plan and a variety of GE-affiliated insurance accounts. Mr. Pressman serves as a member of the Corporate Executive Council and is a director of GE Capital Services Inc. and GE Capital Corporation Boards. He was elected an officer of GE in 1993 and senior vice president in July 2000. Earlier in his career, Mr. Pressman has held a wide variety of roles on Wall Street to global business leadership roles in Europe and in the U.S. He was president and CEO of GE Insurance, and chairman, president and CEO of GE Insurance Solutions, one of the world's largest reinsurance and insurance organizations from 2000 to 2006. From 1997 to 2000 he was president and CEO of GE Capital Real Estate, and prior to that he was CEO of GE Energy Europe for three years, during which GE purchased its current Oil & Gas business unit in Italy. From 1992 to 1995 Mr. Pressman led several business units for GE Energy in the U.S., including the Gas Turbine, Steam Turbine Generator and Hydro businesses. He also spent three years helping GE re-enter the Central and Eastern European markets, serving as general manager of these regions for GE International. He began his career with GE in 1980. Mr. Pressman has also been involved in many civic and educationally oriented activities in his communities. He is currently chairman of the National Board of a Better Chance and director of Pathways to College. Mr. Pressman is a graduate of Hamilton College in Clinton, New York.

Organization Position Status
GE Real Estate President & Chief Executive Officer Current
General Electric Company President & Chief Executive Officer, GE Real Estate Current
Pathways to College Chairman, President & CEO Current
Pathways to College Board of Directors Current
General Electric Capital Corporation Board of Directors Current
GE Insurance Solutions President & Chief Executive Officer Former
GE Asset Management President & Chief Executive Officer Former
General Electric Company Senior Vice President Former
GE Insurance Solutions Chairman Former
Hamilton College Graduate Former

Executive News

  • GE To Invest In Michigan Manufacturing & Technology Center

    Red Orbit - 6/26/09 - View Story

  • GE's CEO calls for American manufacturing rebirth

    Washington Post - 6/26/09 - View Story

  • UPDATE 3-GE sets Michigan research site, calls for renewal

    Forbes.com - 6/26/09 - View Story

  • We should clear away any arrogance, false assumptions, or a sense that things will be 'OK' just because we are America.

    Reuters - 6/26/09 - View Story

  • UPDATE 3-GE sets Michigan research site, calls for renewal

    CNBC - 6/26/09 - View Story

  • UPDATE 3-GE sets Michigan research site, calls for renewal

    Reuters - 6/26/09 - View Story

  • GE sets Michigan research site, calls for renewal

    CNN Money - 6/26/09 - View Story

  • GE sets Michigan research site

    Reuters via Yahoo! - 6/26/09 - View Story

  • GE's Immelt Calls For 'Dramatic Industrial Renewal' In US

    Morningstar.com - 6/26/09 - View Story

  • GE,GE Capital: Parting Company?

    CFO.com - 6/26/09 - View Story

  • GE to open advanced tech center in Michigan

    AFP via Yahoo! - 6/26/09 - View Story

  • GE to launch Web site for jobs in Van Buren Twp.

    The Detroit Free Press - 6/26/09 - View Story

  • A Bright Spot for Michigan

    ABC News - 6/26/09 - View Story

  • GE facility in Van Buren Township to bring high-paying jobs

    Detroit News - 6/26/09 - View Story

  • GE Opening Research Center in Michigan

    ABC News - 6/26/09 - View Story

  • GE's Immelt says U.S. economy needs industrial renewal

    CNN Money - 6/26/09 - View Story

  • BRIEF-GE Michigan facility to receive $74 mln tax incentives over 12 years

    Forbes.com - 6/26/09 - View Story

  • GE opening research center in Michigan

    CNN Money - 6/26/09 - View Story

  • UPDATE 2-GE opening research center in Michigan

    Reuters - 6/26/09 - View Story

  • GE opening research center in Michigan

    Reuters via Yahoo! - 6/26/09 - View Story

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     GER $28.75 +6.17 (27.33% )
Average Volume 33,068
Shares Outstanding -
Market Cap -
Year High 29.98
Year Low 0.01
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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