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Published on 7/11/2006 in the Prospect News Bank Loan Daily.

GE Commercial Finance taps Pierson for aerospace and defense industry leader

By Laura Lutz

Des Moines, July 11 - GE Commercial Finance appointed Stephen Pierson as senior vice president and industry leader of aerospace and defense for its Corporate Lending business, according to a company news release.

Pierson was most recently risk manager for aircraft engines at GE Infrastructure. His 20 years of experience in risk management and origination also include time at GE Commercial Aircraft Services, the corporate aircraft group at GE Capital Solutions, Wells Fargo Bank, Lockheed Finance and GATX Capital.

"Steve's extensive aerospace background coupled with his financial services experience further enhances our expertise in this important sector," Craig Reynolds, industry group leader at GE Corporate Lending, said in the release. "The addition of Steve to the team demonstrates our commitment to provide creative and flexible financial solutions to our aerospace and defense client-base."

GE Commercial Finance is a financial services company based in Stamford, Connecticut.


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