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GE Commerical Finance, Commercial & Industrial Finance Names Industry Leader to Grow Automotive Segment

May 25, 2005

NORWALK, Conn. -- Rich Carratu has been named GE Commercial Finance, Commercial & Industrial Finance's (CIF) industry leader for the automotive market.

As industry leader, Carratu will be responsible for expanding CIF's global focus in the automotive industry. CIF relies on its extensive industry knowledge to help public and private entities around the world access capital through avenues such as traditional debt, leasing, and alternative sources of liquidity.

Carratu will report to the senior managing director of CIF, Craig Reynolds.

Before being named industry leader, Carratu was the managing director of CIF's sales group, where he was heavily involved in the development, negotiation, and closing of many of the company's transactions.

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