Aviation Financial Services With 1,419-owned and more than 300-managed aircraft leased to 230 airlines in 70 countries, the Aviation Financial Services (AFS) team, also known as GECAS, has the international presence and strong customer relationships to adapt swiftly to shifts in this dynamic market. In 2006 this team demonstrated real results by using its expertise in remarketing and a strong global footprint to move aircraft to fast-growing regions of the world including China, India, Brazil and Russia. AFS has consistently delivered growth growing assets from $30.5 billion in 2002 to $44 billion today. pictured left to right Anne Kennelly Kratky, Nils Hallerstrom, Henry Hubschman, William Carpenter, Brandon Blaylock, Patty Kaye, Norman Liu, Jim Burke, David Lloyd, Brian Hayden, Dan Colao 36 ge 2006 annual report
Automation and Embedded Systems 2006 was a transformational year for Automation and Embedded Systems (GE Fanuc), a leader in industrial automation and productivity solutions. Following a series of acquisitions, Automation and Embedded Systems is working as a team to align strategies and to inspire employees toward a unified vision. Training has enabled this team to accelerate action plans that leverage domain expertise to expand its global presence and increase new product introductions growing annualized revenues by 50% in 2006. pictured left to right Maryrose Sylvester, Rob McKeel, Steve Szamocki, Bill Estep, Rich Carpenter, Matt Hardt, Sheila Kester Risk Management Managing risk in financial investing is an important core compe- tency at GE and by necessity, a team effort. As GE’s fi nancial services activities have grown to $565 billion in assets spanning 55 countries, our risk management capabilities have also devel- oped to foster and manage this growth. GE has dedicated and experienced risk management teams in every business and in every market that we serve. Building on their 25 years of experience, our most senior profes- sionals engaged in leadership training to challenge assumed expertise and to develop new ways of evaluating risk. In 2006, GE evaluated over $16 billion in acquisitions and over $70 billion of core organic growth. pictured left to right Ray Duggins, David Amble, Samira Barakat, Jim Colica, Bill Strittmatter ge 2006 annual report 37
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